pstrongInflation

INFLATION BEWARE: Bass Pro Shops CEO Vows to Maintain Affordable Prices Amid Soaring Costs of Hunting and Fishing Gear

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Branson, Missouri – Despite the challenges posed by high inflation and increased costs for hunting and fishing equipment, the CEO of Bass Pro Shops, Johnny Morris, remains committed to providing affordable prices for American consumers as the boating and fishing seasons approach. In an exclusive interview, Morris expressed his determination to prioritize affordability while acknowledging the impact of inflation, which currently stands at 3.4%, exceeding the Federal Reserve’s target of 2% but showing improvement from …

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Inflation Alert: Fed Signals More Rate Hikes as Prices Surge in 2024

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Washington, D.C. – In a recent two-day meeting, U.S. Federal Reserve Chair Jerome Powell addressed concerns over inflation, which has been persistently higher than the targeted 2% rate. This meeting came after reports showed inflation exceeding expectations at the beginning of 2024, causing some unease among officials. During the meeting, it was highlighted that while there had been some easing of inflation over the past year, recent months had seen a lack of progress towards …

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Inflation Data Needed Before Rate Cut, Fed’s Waller Emphasizes – More On the Horizon?

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Washington, D.C. – Federal Reserve Governor Christopher Waller stated today that he is closely monitoring inflation data and would like to see sustained positive trends before considering a change in interest rates. Waller emphasized the importance of strong economic indicators and stable labor market conditions before adjusting monetary policy. Waller’s cautious approach reflects the Federal Reserve’s commitment to maintaining a balanced economic environment. He highlighted the need for consistent improvements in inflation data over several …

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