Inflation is not a new phenomenon for the U.S. economy. Although the Federal Reserve has sustained a higher-for-longer inflation environment, historical outcomes provide valuable insights. Brookings Institution Director of Economic Studies Ben Harris joins Wealth! to talk economic history. Harris draws parallels to the 1970s and early 1980s, when “inflation lasted for roughly a decade.” During that time, inflation reached a staggering 14%, he says, whereas inflation peaked at 9% most recently. While Harris acknowledges that though the current experience “wasn’t as severe, some of the lessons were the same.” Harris emphasizes that monetary policy is the primary tool for combating inflation, stating that the Fed will “keep interest rates […]
The Milken Institute Global Conference is an annual event where business leaders from various sectors gather to discuss global challenges. Yahoo Finance Executive Editor Brian Sozzi explained his top three takeaways from the conference: a potential Trump presidency, inflation, and the Magnificent Seven. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts
Inflation and higher interest rates continue to challenge Fed officials. Former Council of Economic Advisors Chair under the Trump administration, Kevin Hassett, spoke with Yahoo Finance’s Brian Sozzi and Akiko Fujita at the 2024 Milken Conference to discuss the Fed’s monetary policy. The segment is from May 6, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #fed #federalreserve #jeromepowell #powell #federal #2024 #2024shorts
May’s FOMC meeting leaves consumers with questions surrounding mortgage rates, credit card rates, and other loans. Yahoo Finance Senior Reporter Jennifer Schonberger explained what consumers need to know about the current state of interest rates and what to expect on May 1, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #fed #federalreserve #federal #jeromepowell #powell #interestrates #inflation #rates #rate #hike #interestrate #outlook #2024
U.S. Treasury Janet Yellen testified before the U.S. House of Representatives Ways and Means Committee on April 30, 2024. ‘Inflation has come down considerably. But we know we have more work to do,’ Yellen said. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #2024 #2024shorts #treasury #useconomy #us #inflation #economy #yellen #secretary #ustreasury
Description: Federal Reserve Chair Jerome Powell announced interest rates will remain higher-for-longer on May 1, 2024. The FOMC maintained a target range for the federal funds rate at 5.25 to 5.5%, the highest since 2001. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #fed #federalreserve #jeromepowell #inflation #interestrates #interest #rate
March’s Consumer Price Index (CPI) revealed auto insurance is getting more expensive, surging 22% year-over-year, according to Yahoo Finance Senior Reporter Alexandra Canal. This segment aired on April 11, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #car #insurance #auto #automobile #automotive #autos #insuranceplan #2024shorts
Cocoa prices (CC=F) are being deeply affected by climate change and the complexities cultivators face. Master chocolatier and Jacques Torres Chocolate Founder and CEO Jacques Torres joined Yahoo Finance Live to discuss what chocolatiers are considering on April 1, 2024. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance #yahoofinance #finance #news […]
In addition to high mortgage rates and sticky inflation, there are many hidden costs of home buying to be aware of. Ramsey Solutions Master Financial Coach Jade Warshaw joined Yahoo Finance on March 25, 2024, to discuss. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #housingmarket #housing #tips #homebuyer #2024 #2024shorts #housingmarket #us #useconomy
Japan’s central bank raised interest rates on Tuesday for the first time since 2007, ending the world’s only negative rates regime on early signs of robust wage gains this year. #Japan #BOJ #YCC #InterestRates Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z LinkedIn: https://www.linkedin.com/showcase/cnbc-international/ TikTok: https://www.tiktok.com/@cnbci Facebook: https://www.facebook.com/cnbcinternational Instagram: https://www.instagram.com/cnbcinternational/ Threads: https://www.threads.net/@cnbcinternational X: https://twitter.com/CNBCi Telegram: https://t.me/cnbci
