I told you investing in 2025 will be won or lost on inflation. This week I’m going to tell you why I lean toward ‘lost’ over ‘won’.
Most Americans feel their bank accounts aren’t keeping up with inflation, a new survey finds, fresh evidence that savers who seek high interest rates may not be looking hard enough. In a survey fielded by the personal finance site WalletHub,
And all this productivity is why wage growth keeps beating inflation, said Betsey Stevenson, a professor of economics at the University of Michigan. “Real wage growth has to come from productivity growth. Because we’re doing more with less, we get more in the end,” she said.
BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.
President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.
Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read more
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.
“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.
The rate of inflation in Guernsey has slowed over the past year, according to the latest external figures. In the 12 months to December 2024, the Retail Price Index (RPI), which shows the cost of living in Guernsey was 4.6% The RPI was previously 6.3% in the 12 months to December 2023, official figures showed.
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.