Beef prices hit record highs as nationwide cattle inventory drops to lowest level in 70 years
Beef prices are at a record high in the wake of a drought that left cattle inventory at…
Australia’s Faster Inflation Boosts Case for Slower RBA Cuts
(Bloomberg) — A gauge of Australia’s monthly inflation accelerated in August to the top of the Reserve Bank’s…
Inflation’s Impact Can’t Be Seen Through CPI, Says Ex-Comptroller
For decades, the Consumer Price Index (CPI) has measured the cost of living in America. However, this figure doesn’t tell…
Social Security cost-of-living adjustment could increase 2.7% in 2026, according to a new estimate
Social Security beneficiaries could see a 2.7% cost-of-living adjustment (COLA) in 2026, which is slightly above the 2.5%…
Chinese consumer prices slip back into decline amid deflationary pressures
China’s consumer prices slipped back into decline in August, highlighting persistent deflationary pressures, while a narrower drop in…
Brazil consumer prices forecast to have dropped 0.15% in August vs July: Reuters poll
By Gabriel Burin (Reuters) – Brazil’s consumer price index is forecast to have dropped 0.15% in August against…
Canada’s annual inflation rate eases to 1.7% in July boosting some hopes of rate cut
By Promit Mukherjee OTTAWA (Reuters) -Canada’s annual inflation rate eased to 1.7% in July from 1.9% in the…
July inflation data has economists on edge
Markets ended the week largely unfazed by a hotter wholesale inflation print and signs of firming consumer prices,…
Central Bankers Flock to Jackson Hole at Pivotal Moment
(Bloomberg) — A big week is coming up for the Federal Reserve and central bank enthusiasts. The Kansas…
Trump criticizes Goldman Sachs over tariff inflation claims
Days after Goldman Sachs’ top economists published research claiming price increases stemming from higher tariffs are poised to…