Eurozone Inflation Hits 2% Target, Raising Chance of ECB Rate Hold

Consumer prices in June were 2% higher than the same month last year, up from the 1.9% of May, lifting expectations that policymakers will leave the key interest rate unchanged later this month. Read More

Despite Pressure From Trump, Powell Remains Patient on Rate Cuts

Jerome H. Powell, the chair of the Federal Reserve, defended on Tuesday the central bank’s wait-and-see approach to cutting interest rates, in the face of intense pressure from President Trump to ... Read More

Higher inflation, slower economic growth: What the Fed expects in the months ahead

The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up inflation and slow the economy ... Read More

OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs

U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump administration. Read More

Inflation, gold prices and what to expect next - CBS News

But what's surprising is that while inflation has been cooling down, gold prices have remained hot since the start of the year — breaking numerous records over the last five months and recently ... Read More

Inflation Worries to Dog the Fed and Crimp Trump’s Economic Agenda - MSN

A December jobs report from the Labor Department that beat expectations handily as 256,000 jobs were created, way above the 160,000 expected.; January consumer sentiment number from the University ... Read More

Global battle against inflation ‘largely won’ | CNN Business

“It looks like the global battle against inflation has largely been won, even if price pressures persist in some countries,” the IMF said in its latest World Economic Outlook. Read More

ECB to Cut Deposit Rate on April 17 on Downside Risks to Economy, Inflation: Reuters Poll - U.S. News

The ECB, which has cut the key deposit rate six times since June to 2.50%, is widely expected to cut again next week, according to 61 of 71 economists in the April 7-9 Reuters poll. Read More

Inflation rises 3% in January, hotter than expected

The report showed that inflationary pressures in the U.S. economy remain persistent despite progress in bringing inflation closer to the Federal Reserve's 2% target over the past two years.. High ... Read More

Inflation in August 2024: What it means for consumers and businesses - NBC News

Inflation's steady march lower continued Wednesday, with the Bureau of Labor Statistics reporting that consumer price growth slowed to 2.5% in August, the lowest measure since 2021. Read More

Global economy set to cruise at a solid 3% growth rate next year, Reuters poll finds

The world economy's rate of expansion is expected to broadly hold up at 3.0% next year, according to a Reuters poll taken Sept. 30 - Oct. 30 covering 50 important economies. Read More

Inflation rate June 2024: What is it, and what it means for the U.S. economy - NBC News

The Fed has already been facing pressure to cut rates in a steadily slowing labor market.The unemployment rate now stands at 4.1%, its highest point of the post-pandemic period and a level not ... Read More