Central bankers were widely expected to leave borrowing costs at a level between 5.25 and 5.5 percent, the highest in 23 ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
Prices for food, rent, gas and other necessities are running roughly 20 percent to 30 percent higher than they were four ...
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 ...
Federal Reserve (Fed) officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans ...
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 ...
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United ...
The U.S. manufacturing activity sentiment missed expectations in April. After a brief uptick in March, activity retraced back into contraction, according to the Institute for Supply Management (ISM).
A key US inflation gauge rose last month to its highest level 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% ...