Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation

The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central

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July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’

After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI)

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Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’

On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame

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US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’

After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had

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US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party

One of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s

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