inflation – One America News Network

WASHINGTON, DC - FEBRUARY 16: U.S. Sen. Todd Young (R-ID) references a chart on rising costs during a press conference on inflation, at the Russell Senate Office Building on February 16, 2022 in Washington, DC. The Republican Senators blamed the near record high inflation on the Biden Administration and the Democratic fiscal agenda. (Photo by Kevin Dietsch/Getty Images)

Inflation Nears Fed’s 2% Target; Rate Cut Uncertainty Remains

Inflation is inching closer to the Federal Reserve’s 2% annual target, according to the latest ‘Personal Consumption Expenditures Price Index.’

A man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US inflation rises moderately, consumer spending cools

U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2024. REUTERS/Brendan McDermid/File Photo

Wall Street mixed as investors weigh GDP data after tech mauling

Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.

LAS VEGAS, NEVADA - MARCH 01: U.S. Sen. Kamala Harris (D-CA) laughs while speaking at the "Conversations that Count" event during the Black Enterprise Women of Power Summit at The Mirage Hotel & Casino on March 1, 2019 in Las Vegas, Nevada. Harris is campaigning for the 2020 Democratic nomination for president. (Photo by Ethan Miller/Getty Images)

The Oppo Report On Faux Queen Kamala

By Theodore R. Malloch
July 26, 2024

(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)

A "For Sale" sign is posted outside a residential home in the Queen Anne neighborhood of Seattle, Washington, U.S. May 14, 2021. REUTERS/Karen Ducey/File Photo

Record house prices depress US home sales in June

U.S. existing home sales fell more than expected in June as the median house price set another record high.

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo

Fed getting ‘closer’ to rate cuts, top officials say

Fed Governor Christopher Waller and New York Fed President John Williams both voiced that description of the shortening horizon toward looser monetary policy.