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%,…
Traders see the odds of a Fed rate cut by September at 100%
Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that…
Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
Gold jumped to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for bullion. Gold…
Trump 2.0 could be bad news for global inflation, analysts say
A second presidential term for former President Donald Trump could reignite global inflation as his America-first policies drive up costs…
Many Americans think they’re insulated from climate change. Their finances indicate otherwise
Many Americans think they’re insulated from the effects of global warming. But climate change is already having negative and broad…
