UK inflation holds steady at Bank of England’s 2% target, above expectations
U.K. inflation held steady at the Bank of England’s 2% target in June, Official National Statistics data showed Wednesday. The…
Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports
Donald Trump will allow Federal Reserve Chair Jerome Powell to complete his term at the central bank if he won…
IMF sees ‘bumps’ in path to lower inflation
The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple…
IMF upgrades UK growth forecast in another boost to new Labour government
LONDON — The International Monetary Fund on Tuesday lifted its 2024 growth outlook for the U.K. to 0.7% from 0.5%,…
Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut…
Watch Fed Chair Jerome Powell’s remarks on interest rate policy and the economy
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With odds of a Trump win rising, here’s what it could mean for Europe’s economy
With markets in recent weeks cranking up their bets that Donald Trump will win the presidential election, Goldman Sachs economists…
With high prices and mortgage rates, aspiring and current homeowners feel ‘stuck’
When Rachel Burress moved into her mother’s house around a decade ago, it seemed like a short-term stop on the…
The housing market, explained in 6 charts
It’s no secret that the housing market looks far different than it did a few years ago. While surging mortgage…
Wholesale prices rose 0.2% in June, slightly hotter than expected
A measure of wholesale prices rose more than expected in June as Wall Street assesses when the Federal Reserve will…
