Post Tagged with: "Inflation"

Fed’s Bullard Says Rate Cut May Be Needed ‘Soon’

Fed’s Bullard Says Rate Cut May Be Needed ‘Soon’

From Bloomberg


St. Louis Fed chief says trade war poses risk to U.S. economy, Bullard says yield curve may signal Fed policy is too tight

The Federal Reserve may need to cut interest rates soon to prop up inflation and …

June 3, 2019 - 6:45 am Closing Bell Story‎, Energy News, Finance, Trade
Driverless Trucks Will Reduce Labor Costs, Move toward Cure for Driver Shortage

Driverless Trucks Will Reduce Labor Costs, Move toward Cure for Driver Shortage

 

USPS Testing Series of 1,000-Mile Mail Hauling Trips

From CCJ

The United States Postal Service (USPS) has contracted with autonomous truck startup TuSimple on a series of 1,000-plus mile trips, hauling mail between the Postal Service’s Phoenix, Ariz. and …

May 31, 2019 - 4:06 pm Closing Bell Story‎, Energy News, Transportation
Higher Gasoline Costs Sent Consumer Price Index Soaring in April - 360

Higher Gasoline Costs Sent Consumer Price Index Soaring in April

Higher gasoline costs sent consumer price index soaring in April

May 10, 2019 - 10:53 am Closing Bell Story‎, Finance, Press Releases
Powell Opens Door to Possible Pullback in Fed Rate-Hike Outlook

Powell Opens Door to Possible Pullback in Fed Rate-Hike Outlook

From Bloomberg

 

  • Median could shift to two increases from three in 2019
  • Fed chief says rates ‘just below’ range of neutral estimates

 

Federal Reserve Chairman Jerome Powell opened the door for a potential pullback in projected interest-rate hikes …

Shell Accelerates Share Buybacks as Profits Soar

Shell Accelerates Share Buybacks as Profits Soar

From Reuters

 

LONDON (Reuters) – Royal Dutch Shell’s profits soared to a four-year high in the third quarter, boosted by rising oil and gas prices as the company accelerated its giant $25 billion share buyback program.

Although the $5.6 …

November 1, 2018 - 12:43 pm Closing Bell Story‎, Finance
Citigroup Economist Sees Oil Forcing an Inflation Surprise

Citigroup Economist Sees Oil Forcing an Inflation Surprise

From Bloomberg 

Bank says central banks may ignore acceleration

Economist says markets underestimating size of surprise

The recent surge in the price of oil is set to propel global inflation faster than historically and by more than investors are anticipating, …

June 8, 2018 - 12:45 pm Closing Bell Story‎, Commodity Pricing, Energy News
Oil Production Diving, Inflation Climbing Fast: Venezuelans Squeezed

Oil Production Diving, Inflation Climbing Fast: Venezuelans Squeezed

Venezuela’s citizens are left holding a bag, one that is saddled with $60 billion dollars worth of debt.

Citizens of Venezuela have been buying into bonds due to government policies of subsidizing the purchase of foreign debt by individual investors, …

Divergent Needs Put Fed, Central Banks on Different Paths

Divergent Needs Put Fed, Central Banks on Different Paths

Fed is likely to raise its key rate two more times – Dallas Federal Reserve

The last time the world’s central banks diverged on policy came as the Fed increased its key rate in December 2015. It’s happening again.

The …

March 22, 2017 - 4:53 pm Closing Bell Story‎, Finance, Oil and Gas 360 Articles
Coming this Week: Ending the 40-Year Oil Export Ban and 9 Years of Zero Interest… Maybe

Coming this Week: Ending the 40-Year Oil Export Ban and 9 Years of Zero Interest… Maybe

Congress expected to vote to lift crude oil export ban; economists worry about low inflation

An end to the more than 40-year old crude oil export ban could soon be approaching. Members of Senate this week are expected to include …