WASHINGTON--The Federal Reserve held its key interest rate steady again Wednesday and gave no signal that it plans to lower ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
Central bankers were widely expected to leave borrowing costs at a level between 5.25 and 5.5 percent, the highest in 23 ...
Prices for food, rent, gas and other necessities are running roughly 20 percent to 30 percent higher than they were four ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
Friday’s report from the U.S. government showed that prices rose 0.3 per cent from February to March, the same as in the ...
David Donabedian, CIO of CIBS Private Wealth US, warned the spike in core inflation seen in the latest GDP report is a major ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
A key US inflation gauge rose last month to its highest level since April 2023, showing that underlying price pressures ...
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United ...
"It’s one thing to have moderate inflation with above-average growth," said Bret Kenwell, U.S. investment analyst at eToro.
Economists expect growth slowed to just 2% in the first quarter of 2024, down from 3.4% in the final quarter of 2023 and 4.9% ...