Economy

PCE inflation November 2024:

Prices barely moved in November but still held higher than the Federal Reserve’s target when looked at from a year…

Russian central bank surprises markets by holding key rate at 21%

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time…

Bank of England holds rates but vote split surprises markets

The Bank of England pictured in December 2024. Sopa Images | Lightrocket | Getty Images LONDON — The Bank of…

UK inflation, November 2024

The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital’s financial district,…

Fed has big interest rate decision on Wednesday. Here’s what to expect

Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting…

Iran faces dual crisis amid currency drop and loss of major regional ally

A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran,…

More than half of Gen X parents worry about supporting their adult kids, survey shows

Financial planning. Budgeting. Expense tracking. Profit and loss analysis. Data analysis. Spreadsheet software. Productivity. Efficiency. Financial literacy. Personal finance. Business…

UK economy shrinks by 0.1% in October

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London…

Producer price index November 2024:

A measure of wholesale prices rose more than expected in November, adding fuel to the belief that progress in bringing…

If Trump wants to kill inflation, the first thing he needs to do is get more homes built

Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024. Adam Jeffery | CNBC If President-elect Donald Trump…