Trusted News Discovery Since 2008
{{/content}}
Weather update: Heavy rainfall predicted in several states for next few days; check IMD forecast here
Credit: DNA- Published on September 17, 2023
The weather prediction for the next few days calls for many orange alerts, mild to moderate rain, thunderstorms, and lightning.
Video credit: Wibbitz Top Stories
Published on September 15, 2023 - 01:31
US Consumers Optimistic Despite Rising Gas Prices
US Consumers , Optimistic Despite , Rising Gas Prices.
CNN reports that American consumers
remain optimistic that inflation is easing,
despite rising gas prices.
CNN reports that American consumers
remain optimistic that inflation is easing,
despite rising gas prices.
According to a survey by the University of Michigan,
consumers' expectations of inflation rates have reached , "the lowest since March 2021 and just
above the 2.3-3.0% range seen in the
two years prior to the pandemic.".
The survey also found that expectations
for the next five to 10 years dropped to 2.7%, , "falling below the narrow 2.9-3.1% range for
only the second time in the last 26 months.".
The drop in five-to-10-year inflation
expectations … is a seriously
welcome development, Ian Shepherdson, chief economist
at Pantheon Macroeconomics, via CNN.
We have argued for some
time that a clear downshift
in inflation expectations was
overdue, and this decline is
a big step towards normalization, Ian Shepherdson, chief economist
at Pantheon Macroeconomics, via CNN.
We have argued for some
time that a clear downshift
in inflation expectations was
overdue, and this decline is
a big step towards normalization, Ian Shepherdson, chief economist
at Pantheon Macroeconomics, via CNN.
CNN reports that optimism dropped to its lowest level
on record in 2022, when gas prices broke $5 a gallon
and inflation swelled to a forty-year high.
CNN reports that optimism dropped to its lowest level
on record in 2022, when gas prices broke $5 a gallon
and inflation swelled to a forty-year high.
The survey also showed that consumers
in the U.S. are concerned about a looming
potential government shutdown. .
On the bright side, CNN reports
that gas prices could begin to creep
lower in the fall as demand decreases.
Oil costs are putting upward
pressure on pump prices,
but the rise is tempered
by much lower demand, Andrew Gross, AAA spokesperson, via CNN.
The slide in people fueling up is typical,
with schools back in session, the days
getting shorter, and the weather less
pleasant. But the usual decline
in pump prices is being stymied
for now by these high oil costs, Andrew Gross, AAA spokesperson, via CNN.
The slide in people fueling up is typical,
with schools back in session, the days
getting shorter, and the weather less
pleasant. But the usual decline
in pump prices is being stymied
for now by these high oil costs, Andrew Gross, AAA spokesperson, via CNN
You are here
💡 newsR Knowledge: Other News Mentions
India Meteorological Department
Meteorological agency of the Government of India
Also, IMD has warned of potential heatwave conditions affecting isolated pockets of Jammu division on 26-27 June, and in Punjab & West Rajasthan today.
Credit: DNA - Published 1 day ago
The minimum temperature too may drop to 23 degrees Celsius by June 30 providing much needed relief to the residents.
Credit: DNA - Published 2 days ago
The Gujarat region is expected to receive heavy rainfall today (June 25), Kutch and Saurashtra will see it on June 25 and June 26. South Interior Karnataka,..
Credit: DNA - Published 3 days ago
The India Meteorological Department (IMD) has forecasted significant rainfall in Kerala, Karnataka, and Goa over the next four days, offering relief from the..
Credit: IndiaTimes - Published 5 days ago
Accompanying the rainfall are strong gusts of wind from the Bay of Bengal, impacting West Bengal, Odisha, Jharkhand, and Bihar, according to IMD forecasts.
Credit: DNA - Published 5 days ago
Related videos from verified sources
Uttar Pradesh Rains: 19 killed due to heavy rain, schools shut in some districts | Oneindia News 03:02
Credit: Oneindia - Published on September 12, 2023
Lee weakens to a category 2 storm, Expected to strengthen again - Tropics Update 10p Sat 9-9-2023 01:37
Credit: Rumble - Published on September 10, 2023
Hong Kong Is Hit With Heaviest Rainfall Since 1884 01:30
Credit: Wibbitz Top Stories - Published on September 8, 2023
Related news from verified sources
The weather prediction for the next few days calls for many orange alerts, mild to moderate rain, thunderstorms, and lightning.
on September 17, 2023 • DNA
East India is expected to encounter a renewed episode of substantial rainfall starting on September 29th.
on September 28, 2023 • DNA
The climate conditions are predicted to deliver light to moderate to widespread rainfall, along with thunderstorms and lightning, to India's eastern area. The...
on September 5, 2023 • DNA