Falling Gas Prices 'Might Be a Sign' of What’s Next With Inflation: Strategist
Gas prices continue to steadily decline after hitting record high earlier this year. One strategist is optimistic that it's a sign of things to come.
Gas prices continue to steadily decline after hitting record high earlier this year. One strategist is optimistic that it's a sign of things to come.
“If we continue to see declining inflation prints, the Federal Reserve may start to slow the pace of monetary tightening.” Nancy Davis, portfolio mgr.
The White House’s top economic adviser defended restrictions placed on the Inflation Reduction Act (IRA)’s key tax credits.
Although Bitcoin (BTC) has failed to cope with widespread global inflation it should still be viewed as an inflation hedge, says Stephen Lubka.
Administration took “unprecedented steps to moderate supply and demand,” such as releasing oil from U.S. Strategic Petroleum Reserve, Granholm said.
Prices have eased at pump, Democrats in U.S. Senate have passed Inflation Reduction Act, a piece of legislation that aims moderate high prices.
Bolduan pointed out the Democratic legislation 'would have negligible impact on inflation'.