Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting interest rates. Prices rose 2.5% in the 12 months ending in ...
Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. Central banks around the world are expected to lower borrowing costs as global inflation eases from the multi ...
(Spencer Platt/Getty Images North America) Inflation fell to its lowest level in three and a half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week.
Another day, another encouraging inflation report — but one with enough hint of concern to keep the victory parades at bay and keep the Federal Reserve from going big on its impending rate cut.
Tim Ng has a similar rates and inflation background and brings nearly two decades of investment experience; he became a comanager in February 2021 and assumed a larger role when the previous ...
Americans are facing vastly different inflation rates depending on where they live in the U.S., with the latest data showing that consumers in the Northeast and Midwest are facing more inflation ...
If you notice that it costs more to fill up your car with gas or buy your regular grocery purchases, this is likely due to inflation. Inflation often coincides with a changing economy. But that ...
Inflation eased again in August, dropping to the lowest level in more than three years and locking in expectations that the Federal Reserve will cut interest rates next week for the first time ...
Inflation slowed to a more than three-year low in August as falling gasoline and used car prices offset further gains in the cost of services such as rent, car insurance and airline fares.
Steep inflation has haunted Americans as our number one bogeyman over the last two and a half years. Check Out: I’m an Economist: Here’s My Prediction for Social Security If Trump Wins the ...
But tariffs − which, along with tax cuts and deporting undocumented immigrants, are among Trump's top priorities − are at odds with Trump's promise to eradicate inflation. Both presidential ...
FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers.