The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and ...
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level.
The rate for the 20-country eurozone was the lowest since April ... inflation remained high", said Franziska Palmas, senior Europe economist at Capital Economics research group. Consumer price ...
SINGAPORE/LONDON--The yen rose sharply after hitting ... left its short-term interest rate target at 0-0.1% on Friday and made small upward adjustments in its inflation forecast.
The third and final GDP estimate for the April ... inflation and high borrowing rates. The nation’s industrial production rebounded. The pace of single-family-home construction rose sharply ...
led by a 9.8% rise in investment in equipment. The third and final GDP estimate for the April-June quarter included figures showing that inflation continues to ease, to just above the Federal ...
beginning with a “recalibration” because rates are higher than needed given the drop in inflation in the past two years. Inflation has fallen sharply from a peak of 7% in 2022, according to ...
The government reported Thursday that the economy expanded at a healthy 3% annual pace in the April ... inflation and high ...
The cooler PPI is yet more evidence that inflation continues to cool in the world's largest economy, following the news earlier this week that consumer inflation fell to an annual rate of 2.5 ...
Barkin said he sees the Fed cutting borrowing costs in two phases, beginning with a “recalibration” because rates are higher than needed given the drop in inflation in the past two years. Inflation ...