The Federal Reserve's preferred inflation measure showed price rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures, or ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
I would like to see progress in lowering inflation resume before we make further adjustments” to the main interest rate, Federal Reserve Governor Michelle Bowman said.
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
US gross domestic product grew by 2.8% in 2024, compared with just 0.7% in the Eurozone. Plagued by structural weaknesses and high energy costs, Europe is being led by the US in terms of growth, ...
U.S. Treasury yields were unchanged on Friday as investors parsed the latest inflation reading as well as other economic data. The 10-year Treasury yield was marginally lower at 4.51%, and the 2-year ...
A raft of U.S. economic data will provide plenty for investors to watch out for in the coming week, including ISM data on ...
Real GDP growth in Canada slowed by 0.2 per cent in November, indicating the economy is ending the year on a weaker note. Looking ahead to 2025, conditions may not improve.
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