Economy

Inflation falls 0.1% in June from prior month, helping case for lower rates

The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for…

UK economy returns to growth in May, beating expectations as British pound hits four-month high

LONDON — The U.K. economy grew by 0.4% in May, flash figures published by the Office for National Statistics showed…

Key inflation report looms on Thursday as traders grow more confident in Fed rate cut

A widely anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming…

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize…

Watch Fed Chair Jerome Powell testify live before Senate banking panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…