inflation

85% of Americans Concerned About Inflation, Credit Card Interest Up by $3.3B Via Breitbart: The financial website WalletHub took the pulse of Americans as the Federal Reserve is poised for a rate change. John S. Kiernan, managing editor of the site, wrote about the survey: Federal Reserve rate hikes can send shockwaves through stock markets and put many people to sleep. But just because the nitty-gritty of the country’s fiscal […]

Sticker shock: March inflation likely set new 40-year high Via AP News: With ever-rising costs for food, gasoline, housing and other necessities squeezing consumers and threatening the economy, inflation in the United States likely set yet another four-decade high in March. The government’s consumer price index being released Tuesday is expected to show that prices shot up 8.4% from 12 months earlier, according to economists surveyed by the data firm […]

Treasury yields fall, with inflation data in focus U.S. Treasury yields fell early on Thursday, with investors focused on the inflation data due out later in the morning. The yield on the benchmark 10-year Treasury note fell 3 basis points to 2.3270% at 4:30 a.m. ET. The yield on the 30-year Treasury bond moved under a basis point lower to 2.4789%. The rate on the 5-year U.S. government bond dropped […]