The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
The dollar had fallen back after data showed a slowdown in consumer price rises in April and confirming the trend could pull ...
After decreasing for 12 months, the US inflation rate has stalled above 3 percent for the past 11 months ... However, inflation was only 1.4 percent when Joe Biden took office. What happened? Interest ...
Sentiment took a blow last week after Federal Reserve officials warned they wanted more evidence prices were being brought ...
Movements on global markets this week will be dominated by the release on Thursday of the US second estimated gross domestic ...
The Federal Reserve's 2 percent inflation target is currently out of reach. At the same time, interest rates have risen ...
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
It’s perhaps the biggest question swirling around the U.S. economy right now: Is inflation stuck at an elevated level — or ...
The European Central Bank (ECB) is almost certain to become the first major central bank to start cutting interest rates next ...
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
OIL PRICE - NEW YORK, May 20 (Reuters) - Oil prices eased less than 1% on Monday as U.S. Federal Reserve officials said they ...