US wholesale prices accelerated last month, according to fresh US government data, rising by more than expected and raising ...
Mr Pill said that inflation was moving in the right direction, having dropped from a peak of 11.1pc in October 2022 to 3.2pc in March. This will allow officials to start thinking about rate cuts.
rising by more than expected and raising concerns about interest rate cuts. The rise provides yet more evidence that the US Federal Reserve’s fight against inflation is far from over ...
Despite hotter-than-expected inflation data, the Bitcoin price defied expectations and surged in value on Wednesday, even as the US Federal Reserve’s rate cut story was thrown into doubt.
So, having the supercore reading moving higher raises alarms that wage inflation from the robust labor market could be seeping back into services ... delay in Fed rate cuts, the 2-year U.S ...
Prices are dropping for thousands of items at Target and Walmart, as US retailers' results indicate fatigue among some ...
Interestingly, the repricing began last week. Over the course of the week, traders moved to fully price in just two interest rate cuts this year, down from three at the beginning of the week. That ...
The asset manager is revising this view given the lack of progress on inflation and now sees rate cuts being delayed until the end of the year or even into 2025. Following the latest FOMC meeting ...
The Federal Reserve on Wednesday held interest rates steady for the sixth straight time after a string of disappointing inflation readings dimmed the odds of cuts later this year. The widely ...