Economy

Hot inflation data pushes market’s rate cut expectations to September

As recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign…

Trump slams Biden for ‘raging’ inflation after hotter-than-expected March price report

Donald Trump on Wednesday pounced on President Joe Biden after March’s consumer price index came in higher than expected, notching…

Consumer prices rose 3.5% from a year ago in March, more than expected

The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the…

WTO forecasts rebound in global trade but keeps geopolitical risks in focus

The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further…

A crucial report Wednesday is expected to show little progress against inflation

A closely watched Labor Department report due Wednesday is expected to show that not much progress is being made in…

Small business optimism hits 11-year low as inflation fears won’t go away

Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is…