JACKSON HOLE, Wyo. — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and ...
Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ...
The Federal Reserve cut rates by 25 basis points and projects gradual reductions through 2028, with a long-term target of 3.0%. Inflation is expected to remain slightly elevated, with 2026 projections ...
The Fed's preferred inflation gauge cooled in April, but prices could heat back up this year. High housing costs will prevent inflation from coming down, says Stifel's chief economist. A rate hike ...
WASHINGTON – The Federal Reserve held interest rates steady again Wednesday and kept its forecast for two cuts this year as officials struggled to balance the dual hazards of President Donald Trump’s ...
August CPI showed a 0.4% monthly rise, pushing year-over-year inflation to 2.9%, the highest in eight months. Food and durable goods inflation accelerated, while services and housing inflation ...
WASHINGTON – The Federal Reserve kept its key interest rate unchanged again and gave no signal it plans to lower rates in September despite mounting pressure from President Donald Trump and his ...
BENGALURU, Oct 31 (Reuters) - The Reserve Bank of Australia will keep its key interest rate unchanged at 3.60% on Tuesday as an inflation spike delays policy easing, according to economists in a ...
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