All the data so far is showing inflation isn't going away, and is making things tough on the Fed

The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in, and none of it is very good. Read More

Federal Reserve’s key inflation metric goes bearish on US economy

Inflation’s grip didn’t loosen up in March. The Federal Reserve keeps a close eye on the personal consumption expenditures (PCE) price index. This month, it didn’t bring any relief. The Commerce ... Read More

US Economy News Today: Powell Says Recent Inflation Data Does Not Offer Confidence

Federal Reserve Chair Jerome Powell spoke amid a slew of his colleagues' speaking engagements. Federal Reserve Chair Jerome Powell confirmed what financial markets had already mostly guessed: the Fed ... Read More

CD Rates Could Stay High for a While. Here's Why That's Actually Bad News for Savers

If the Federal Reserve doesn't lower interest rates, CD rates will remain high. Find out why this could be a drawback if you have a lot of savings. Read More

Why you should get a home equity loan before May

Here are three reasons you should get a home equity loan before May: ... Read More

Here’s what would happen to the US economy if there are no rate cuts this year

Federal Reserve officials have been saying for months they need to see more convincing data demonstrating that inflation is on a sustainable path to 2% before they can feel comfortable cutting rates. Read More

USD/JPY forecast: signal ahead of the BoJ interest rate decision

The USD/JPY exchange rate will be the forex major to watch this week as the Bank of Japan (BoJ) delivers its interest rate decision and as the US publishes crucial economic data. It was trading at 154 ... Read More

US Dollar Bounces As PCE Inflation In-Line But Still Too High

Previous months were revised higher and it is clear that inflation remains a long way off the Fed’s ... made their first rate hike in 17 years. Focus was more on the quarterly projections than the ... Read More

Interest rate hike warning for South Africa

Sentiment around interest rates in the US and other global markets is slowly shifting, and the possibility of a flip in South Africa—while not likely—can’t be discounted. Read More

ENR 2024 Top Owners Sourcebook: The Big Project Divide

Construction-in-progress spending climbs higher, with Top 25 firms accounting for 60%, as economists predict a megaproject boom will compound resource challenges. Read More

USD/JPY Forecast: Fed Rate Path, Middle East News, Intervention Risks, and 155

USD/JPY holds at 154 amidst hawkish Fed rate outlook, with intervention threats, US data, and Middle East updates influencing the near-term trends. Read More

Australia’s CPI inflation climbs to 1.0% QoQ in Q1 vs. 0.8% expected

The RBA met on March 18-19 and decided to keep the Cash Rate steady at 4.35%. In the accompanying statement, the Board scrapped references to possible rate hikes, triggering an Australian Dollar (AUD) ... Read More