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The 2024 election will be here before you know it, and economists are watching it closely. If Donald Trump wins a second term, some experts believe it could affect the U.S.'s inflation trajectory
Core inflation, which doesn't count two of those three factors, is actually running even hotter at 3.3% presently. And things could be about to get even worse. Maybe much worse.
The post-election rally in financials and small-caps also stumbled. Hurting the Trump bump on Tuesday was the surge in bond yields. The 10-year Treasury yield spiked aggressively, surging 13 basis ...
The 2022 Texas gubernatorial election took place on November 8, 2022, to elect the governor of Texas. Incumbent Republican Governor Greg Abbott won re-election to a third term, defeating the Democratic nominee, former Congressman Beto O'Rourke. [1] All statewide elected offices were currently held by Republicans.
While economic growth fears have ebbed, inflation is inching higher, and November CPI will set the tone for the stock market in the near term, BofA said. Why the coming inflation report may be ...
Incumbent Republican Governor Greg Abbott is running for re-election to an unprecedented fourth term. [1] If Abbott were to be successful and finish out a fourth full term, he would become the state's longest-serving governor with 16 years on January 21, 2031, surpassing the 14 years of his predecessor, Rick Perry. He would also tie with former ...
Above-average inflation is now being driven entirely by the service sector, where inflation is still uncomfortably high at 5.3%. Even there, anomalies are much of the story.
Economists expect annual inflation according to the Fed's preferred inflation gauge — "core" PCE — clocked in at 3.5% in October. Over the prior month, economists expect "core" PCE rose 0.2%.