Economy

UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness

Inflation in the U.K. eased to 3.2% in March from 3.4% in February, the Office for National Statistics said on…

Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.…

Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back…

Watch Fed Chair Powell speak live during a policy forum in Washington

[The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a…

IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks

The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven “surprisingly resilient” despite…

U.S. economy will see ‘more things break’ in 2025 if rates stay high, strategist says

The U.S. economy could be headed for stormy waters in 2025 if the Federal Reserve does not take action soon…