Hot inflation may not be a bump, balance sheet runoff pace discussed: FOMC minutes Apr. 10, 2024 2:20 PM ETBy: Liz Kiesche, SA News Editor 17 Comments ...

Inflation for “food away from home,” as the Consumer Price Index calls it, slowed to 3.9 percent on an annual basis in September from its recent peak of 8.8 percent in March 2023.

Inflation has been sticky, that is, not falling further toward 2%, for the past 18 months. The market has been wrong to expect significant easing by the Fed for the past two years.

Fed officials say they largely believe the progress in lowering inflation will resume this year, but have now put rates on hold as they await data to confirm it.

Rep. Nancy Mace (R, SC–01) and five other Republican representatives in Congress took objection to a possible increase in reference prices in a farm bill.

NY inflation relief checks go out this fall. Here's how much you'll get New Yorkers who filed tax returns in 2023 are eligible for payments, which are scheduled to start going out in October. See ...

The massive size of the Federal Reserve's balance sheet increases its commitment to keep inflation under control, New York Fed President William Dudley said in a speech Tuesday in Mexico City.

Imrich (Imo) Bábics, Chief Growth Officer at Relai, noted last week the company added 13 BTC to their balance sheet, bringing the total Bitcoin holdings in our corporate treasury to 30 BTC.