Inflation

Lower gasoline prices fueled last month’s decline in the consumer price index.

Tariff-driven recession talk is sending U.S. Treasury yields to their lowest levels since December.

The USDA’s effort to stamp out the virus has led to the loss of at least 166 million birds since the latest outbreak began in February 2022.

A survey of more than 24,300 readers provides insight into public perception; and while optimism is high, many acknowledge short-term challenges.

‘We are focused on separating the signal from the noise as the outlook evolves,’ said Fed Chair Jerome Powell.

Breakfast, in particular, got more expensive as butter, cheese, eggs, bread, and cereals all saw price hikes.

Even though the products come from the same animal, the U.S. chicken meat industry is much better equipped to handle the bird flu challenge.

Traders’ and investors’ moods began to sour on Wednesday afternoon following the release of the Federal Open Market Committee meeting minutes.

Americans grew more pessimistic in February as inflation fears surged and economic confidence weakened.

Federal Reserve Bank of Atlanta President Raphael Bostic warns of economic uncertainty and labor market cooling in latest quarterly message.

President Donald Trump said on Wednesday that he loved the idea of sending DOGE savings back to American taxpayers in the form of checks.

‘We need less government expenditure in general, and particularly less interference that clouds the economic fundamentals’, UNSW economist Gigi Foster.

Plane fares, rising food costs, and a sharp jump in private school fees helped push inflation higher.

The cash rate has been cut by 25 basis points.

Since the avian influenza outbreak began, the nation’s top three egg-producing states—Iowa, Ohio, and Indiana—have lost more than 55 million birds.

Rates are likely to remain in a high 6 percent range going into the spring market, said a real estate expert.

Americans took on more debt in late 2024, with rising delinquencies in auto loans and credit cards, according to a Federal Reserve Bank of New York report.

Prices for health care services declined, indicating that inflation could ease.

With inflation no longer at the peak seen during Biden’s presidency, Trump has ramped up pressure on the Fed chair to lower rates.

Prices soared in January as millions of chickens were killed to contain a bird flu virus. Several major retailers have imposed limits on purchases.