Category Archives: Economy Inflation

Will inflation meet the 2% target? The Fed needs more time to figure it out

May 13, 2024 Will inflation meet the 2% target? The Fed needs more time to figure it out Jerome Powell said that the Fed was not yet confident that inflation was returning to its 2% target. BY Associated Press The sharp interest rate hikes of the past two years will likely take longer than previously expected … Continue reading Will inflation meet the 2% target? The Fed needs more time to figure it out

Rakuten Sees Benefits From Inflation, Consumers Turning To Cash-Back Rewards

Rakuten Sees Benefits From Inflation, Consumers Turning To Cash-Back Rewards by Laurie Sullivan  @lauriesullivan, April 11, 2023 Cash-back apps make it easy for shoppers to earn rewards and for retailers to build relationships. Rakuten, which partners with thousands of stores, makes it free to join the program. Consumers can make an eligible purchase with the … Continue reading Rakuten Sees Benefits From Inflation, Consumers Turning To Cash-Back Rewards

What are ‘extraordinary measures’? Treasury says debt ceiling reached, default possible

  By Josh Boak—Associated Press January 19, 2023 The countdown toward a possible U.S. government default is in the offing, and frictions between President Joe Biden and House Republicans are raising alarms about whether the United States can sidestep a potential economic crisis. The Treasury Department on Thursday said in a letter to congressional leaders it has started taking … Continue reading What are ‘extraordinary measures’? Treasury says debt ceiling reached, default possible

Inflation-Related Articles Take Backseat To Gift Giving, Data Shows

Inflation-Related Articles Take Backseat To Gift Giving, Data Shows by Laurie Sullivan  @lauriesullivan, November 25, 2022 People are reading less about inflation and more about gift guides and discounts on publisher sites as the holidays move into full swing, according to data released Friday, which suggests a big spending weekend ahead for U.S. consumers. Taboola, … Continue reading Inflation-Related Articles Take Backseat To Gift Giving, Data Shows

Plant-Based Food Trends: Inflation Bad, Frozen Good

Plant-Based Food Trends: Inflation Bad, Frozen Good by Steve Ellwanger , October 21, 2022   The last thing the hyper-competitive, plant-based foods space needs is rampant food-price inflation. When it comes to plant-based meat alternatives, taste/texture and price have always been among the main hurdles to consumer trial—but price has risen to the forefront in … Continue reading Plant-Based Food Trends: Inflation Bad, Frozen Good

New Inflation Worries Cloud Holiday Forecasts

holiday New Inflation Worries Cloud Holiday Forecasts by Sarah Mahoney , Staff Writer @mahoney_sarah, October 4, 2022 Rising consumer concerns about inflation are already causing retailers to second-guess their holiday marketing strategies. But new research from the NPD Group shows those worries are growing rapidly, with 29% of consumers saying finances and the economy will cause … Continue reading New Inflation Worries Cloud Holiday Forecasts