The U.S. central bank hit the pause button on its interest rate cuts on Wednesday, Jan. 29, amid concerns inflation is rising again in parts of the economy. The Federal Reserve had been ...
The personal income and outlays report, which the Commerce Department will release on Friday morning, will provide detail on ...
Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials ...
The US economy ended 2024 with a solid performance driven by strong consumer spending and government support resulting in a 2 ...
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
South Africa's producer inflation was at 0.7% year on year in December versus -0.1% in November, statistics agency data ...
Nationals Senate Leader Bridget McKenzie says prices are “not coming down” despite a fall in quarterly inflation numbers.
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target.