Jerome Powell and co. gain ground on inflation
The Federal Reserve’s preferred measure of inflation, the Personal Consumption Expenditures price index, out this morning indicates that inflation tempered last month. FHN Financial Chief Economist Christopher Low helps us look behind the numbers. And, China’s holdings of developing countries’ debt is beginning to play into the wider U.S.-China relationship, says David Dollar of the Brookings Institution.
Have you got a bunch of subscription services that need to be canceled but are dissuaded by the onerous process? A new proposal by the Federal Trade Commission aims to streamline cancellations by requiring companies to make opting out as easy as opting in. Plus, we chat with Dr. David Kelly,...
Officials from numerous government agencies that oversee the banking industry will testify in front of the Senate Banking Committee today. We look at what they’re expected to tell lawmakers about the collapse of Silicon Valley Bank and related financial jitters in recent weeks. Plus, protests are...