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The Fed just cut rates. But relief might not come quickly enough for some Americans
The Federal Reserve cut interest rates on Wednesday for the first time this year, a move that could provide some relief for Americans from the higher cost of living. But there is a deepening ... Read More
Inflation slowed in November, offering relief for consumers
Consumer prices rose 7.1% in November, continuing a monthslong decline from a 40-year record reached over the summer. Economists had predicted a CPI increase of 7.2%. Monthly inflation also fell ... Read More
US consumer inflation accelerates; weekly jobless claims approach four-year high
U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for jobless benefits last week kept the Federal ... Read More
Economy Primed for Lower Interest Rates as Inflation Remains a Problem
Now that the Federal Reserve has signaled lower interest rates are likely to come in the next month or so, attention will turn back to the underlying health of the economy. That will be clearer this ... Read More
Wages aren't keeping up with inflation, with some jobs falling further behind than others
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More
Inflation alarm bells went off again and prices are rising. Just how bad is it going to get?
Americans are tired of high inflation. The biggest increase in wholesale prices in three and a half years stunned Wall Street, but is tariff-related inflation really set to soar? The proof is far from ... Read More
Bank of Canada cuts key interest rate for first time since March, but economists have little consensus on what comes next
The Bank has held its policy rate at 2.75 per cent since the March interest rate decision. REUTERS/Blair Gable ยท REUTERS / Reuters. The Bank of Canada cut its benchmark interest ... Read More
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