What you see, feel, and pay is often a precursor of what is to come.
CLEVELAND — There are economic issues impacting Wall Street, the Federal Reserve, or Congress that most Americans are never fully aware of, inflation for certain isn't one of them.
"And really what we're seeing in say the markets now is testing how much that reigning in is going to have an effect," said Jonathan Ernest from Case Western University's Weatherhead School of Management. Do it too little inflation continues to rise, do it too much we're looking at a recession, which many economists believe at this point is likely in some form.
"Obviously this is something that the president has been focused on, the administration's been focused on," he said."I think the biggest key for us right now is continue to bring these pressures down at the kitchen table for folks."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Flight data suggests China Eastern plane deliberately crashed: Wall Street Journal reportBlack box data recovered from a China Eastern flight that crashed in March suggests someone in the cockpit intentionally downed the plane, the Wall Street Journal reported, citing a preliminary assessment from United States officials.
Read more »
GBP/JPY sinks as Wall Street sells off following Target's worst day since Black Monday 1987At 158.20, BP/JPY is down some 2% at the time of writing as risk appetite fades due to concerns about the outlook for global economic growth and risin
Read more »
Asia-Pacific stocks set for lower start following tumble on Wall StreetMajor indexes on Wall Street declined more than 3.5% overnight, with the Dow Jones Industrial Average closing at its lowest since March 2021.
Read more »
Japan's Nikkei 225 Drops More Than 2% as Asia Stocks Fall Following Tumble on Wall StreetMajor indexes on Wall Street declined more than 3.5% overnight, with the Dow Jones Industrial Average closing at its lowest since March 2021.
Read more »
Wall Street ends sharply lower as Target and growth stocks sinkWall Street ended sharply lower on Wednesday, with Target losing around a quarter of its stock market value and highlighting worries about the U.S. economy after the retailer became the latest victim of surging prices.
Read more »
EXPLAINER: Why is Wall Street close to a bear market?The bears are rumbling toward Wall Street
Read more »