Burns’s analysis for what was real inflation (devaluation of the dollar against gold and foreign currencies) presumes that Nixon’s hand was forced. No, not at all. It was what Nixon and his ...
on a weaker dollar, but trimmed earlier gains after data showed stalled inflation progress, hinting that the U.S. Federal Reserve might be cautious on further rate cuts. Spot gold was up 0.3% at $ ...
Dollar Tree and Dollar General are struggling due to rising operating costs, supply-side inflation, and competition from online and bulk retailers. Dollar Tree's high gross margins may be an issue ...
Even though the market has largely moved on from the US inflation story, a sticky reading will add to doubts that the Fed needs to cut in December after all. Expect the dollar to largely hold ...