A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Gold prices also tend to rise when inflation accelerates. Because investors flock to gold during periods of economic instability, increasing demand tends to drive up its value. This trend makes gold ...
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...
Now consider bitcoin: much like these scarce precious metals, bitcoin is now widely regarded as “digital gold,” including by ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
What You Need to Know Federal Reserve Chair Jerome Powell Tuesday acknowledged the Fed has limited ability to influence ...
The Indian rupee rose on Wednesday, hitting a nearly two-week high and extending its two-day rally spurred by central bank ...
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
These are today's mortgage and refinance rates. Elevated inflation has kept mortgage rates high, and it's unclear if they'll ...
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...