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UK inflation hits highest rate for almost a year and a half
Inflation in the UK has surged to 3.6% in the year to June, the highest level since January 2024. This…
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Inflation complicates next month’s rate decision
Surprise Inflation Spike Raises Concerns in UK Economy The UK economy, which started the year on a positive note, has…
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CPI rose in June to 2.7% annual rate, highest since February
The latest data on the Consumer Price Index (CPI) for the month of June reveals a 2.7% increase on an…
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Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials were at odds during their June meeting regarding the approach to cutting interest rates, with concerns over…
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Watch Fed Chair Powell testify live on interest rate policy before House committee
Federal Reserve Chair Jerome Powell Testifies Before Congress The stream is slated to start at 10a.m. ET. Please refresh the…
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Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
The Federal Reserve Chair Jerome Powell recently addressed the impact of President Trump’s tariffs on the U.S. central bank’s decision-making…
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Stock market hits record highs as investors bet on trade deals, Fed rate cut
The stock market opened today in record territory, reflecting investor optimism fueled by signs of progress on a potential U.S.-China…
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Fed Governor Bowman favors July interest rate cut if inflation stays low
Federal Reserve Governor Michelle Bowman recently expressed her support for a potential interest rate cut at the next policy meeting…
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Fed holds key rate steady
The Federal Reserve held interest rates steady in its recent meeting, citing expectations of higher inflation and lower economic growth…
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Federal Reserve holds its benchmark interest rate steady at today’s FOMC meeting
The Federal Reserve made an announcement on Wednesday that it will maintain its benchmark interest rate steady, continuing its "wait-and-see"…
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