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2% inflation

Gas prices nearing $4 a gallon rekindle fears of inflation rebound

Tue, 08/15/2023 - 08:28

Gas pump — US gas prices surged to $3.96 a gallon earlier on Monday.
(Photo by FREDERIC J. BROWN/AFP via Getty Images)

Markets, MI Exclusive, US gas prices, Gas Prices, oil gas prices, Inflation, Fed

The Fed pursuing 2% inflation is an 'absolute trap' for the economy, 40-year market veteran says

Tue, 05/02/2023 - 12:09

A man walks past shop signs showing offers. It's an indicator of the rising cost of living. — US inflation rose to 8.3% in the 12 months to April 2022.
VIEW press / Contributor / Getty

Markets, MI Exclusive, fed inflation, Fed rate hikes, Recession, 2023 recession, recession outlook

The US economy will be on the verge of recession for the next two years, JPMorgan Asset Management chief strategist says

Fri, 02/10/2023 - 13:04

Traders work on the floor of the New York Stock Exchange (NYSE) — Traders work on the floor of the New York Stock Exchange (NYSE)
Spencer Platt/Getty Images

Markets, MI Exclusive, US economic outlook, Recession, recession prediction, Fed, Inflation

Wharton professor Jeremy Siegel says the Fed risks sparking a disaster if it hikes rates higher than markets are expecting at its upcoming meeting

Mon, 01/30/2023 - 09:20

Jeremy Siegel, Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania in Philadelphia, on an interview on December 30, 2014. — Jeremy Siegel, professor of finance at the Wharton School of the University of Pennsylvania.
Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

Markets, MI Exclusive, Jeremy Siegel, Recession, recession warning, Inflation, Fed

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