But on another front — supply chain backlogs — there are some welcome signs of relief. What’s happening: An indicator tracking supply chain stress compiled by UBS has improved significantly after peaking in October, the bank said this week. It
Tag: Inflation
Bullard says the Fed needs to ‘front-load’ tightening because inflation is accelerating
St. Louis Federal Reserve President James Bullard made his case for a rapid move higher in interest rates, saying Monday that the central bank needs to react to accelerating inflation. “I do think we need to front-load more of our
GOP senator likens Biden to ‘the Mad Hatter’ for pushing BBB amid inflation
Sen. John Barrasso likened President Biden to “the Mad Hatter” for trying to push his $2 trillion Build Back Better social spending plan through the Senate amid the worst inflation in more than 30 years. Barrasso (R-Wyo.) said he sees the
Inflation, supply-chain kinks squeeze holiday toy drives for children
Inflation, supply-chain kinks squeeze holiday toy drives for childrenNews Sports Entertainment Life Money Tech Travel Opinion Toy prices are expected to be up 10% this holiday season, putting more families in need of help. Supply chain delays have lowered inventory
Inflation Is Not The Biggest Thing Happening In The Economy Right Now
WASHINGTON ― Rising prices have crushed consumer sentiment and become a major political story as President Joe Biden struggles to enact the broad social policy agenda that helped him win the White House last year. But inflation is actually just
Treasury yields climb as investors eye key inflation data
U.S. Treasury yields climbed on Wednesday morning, ahead of the release of key inflation data. The yield on the benchmark 10-year Treasury note gained more than 2 basis points, rising to 1.4796% at 4 a.m. ET. The yield on the