"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 ...
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
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 ...
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 increased last month at its fastest pace since April 2023, showing that underlying price pressures ...
"It’s one thing to have moderate inflation with above-average growth," said Bret Kenwell, U.S. investment analyst at eToro.
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).
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% ...