On the road in Pennsylvania on Tuesday, President Trump said he objected to taking immigrants from "hellholes like Afghanistan, Haiti, Somalia and many other countries."

JPMorgan Chase CEO Jamie Dimon said inflation may persist through the coming year, but that the stock market could remain at near-historic highs as well. Dimon gave his assessment of the “broader macro story” for the 2026 economy in an interview on Fox News’s “Sunday Morning Futures” this weekend.

The Federal Reserve’s preferred measure of inflation, called the PCE index, showed that inflation had risen 2.8% in September from a year ago.

The Federal Reserve is due to make another decision on cutting interest rates.

The Commerce Department's delayed September PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target ahead of a central bank decision next week.

Short-term interest rates are too high. This sets up an opportunity in 1-year Treasury bills.

Americans seemed a tad more cheery about the economy this month, while a delayed inflation report came in better than expected.

According to the consumer price index (CPI), prices increased by three percent from September 2024 to September 2025. JPMorgan estimates inflation will spike from 2.8 percent in July to 3.5 percent by the end of 2025, and then drop to 2.8 percent again in the fourth quarter of next year.

The rate of U.S. inflation stayed stuck close to 3% before the government shutdown, a long delayed report showed, adding a final piece of the puzzle before the Federal Reserve votes on whether to cut interest rates again.

The Bank of England expects Chancellor of the Exchequer Rachel Reeves’ budget to reduce UK inflation by as much as 0.5 percentage points next spring, even as the government boost spending over the coming years.

LONDON, Dec 9 (Reuters) - British grocery inflation held steady at 4.7% in the four weeks to November 30, industry data showed on Tuesday, keeping the pressure on shoppers heading into Christmas. The figure from Worldpanel by Numerator (formerly Kantar) provides an early indication of pricing pressures ahead of official UK inflation data on December 17.

The Bureau of Labor Statistics won't be publishing a delayed report on wholesale price inflation this month.The federal agency will skip the postponed October report on the Producer Price Index and instead roll those figures into November's report,