"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 ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
The FOMC said that "in recent months, there has been a lack of further progress" on lowering inflation to the Fed's 2% goal.
"It’s one thing to have moderate inflation with above-average growth," said Bret Kenwell, U.S. investment analyst at eToro.
Prices for food, rent, gas and other necessities are running roughly 20 percent to 30 percent higher than they were four ...
Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending. The Personal Consumption ...
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United ...
A key US inflation gauge increased last month at its fastest pace since April 2023, showing that underlying price pressures ...
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% ...
Dueling groups of protesters have clashed at the University of California, Los Angeles, grappling in fistfights and shoving, ...
The ISM Manufacturing PMI declined from 50.3% to 49.2%, marking a decrease of 1.1 percentage points decline and missing ...