Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago
An important inflation gauge released Friday showed that the rate of price increases cooled as 2023 came to a close.…
ECB’s Lagarde responds to scathing staff survey: ‘I’m very proud and honored to lead the institution’
President Christine Lagarde on Thursday said she was “proud and honored” to leead the European Central Bank, after her leadership…
The U.S. economy grew at blistering 3.3% pace in Q4 while inflation pulled back
The economy grew at a much more rapid pace than expected while inflation eased in the final three months of…
Turkey hikes interest rate again to 45% after inflation nears 65%
Turkey’s central bank on Thursday hiked its key interest rate by another 250 basis points to 45%. The hike to the…
Thursday’s GDP report expected to show the U.S. economy at a crossroads
Economic growth likely slowed to its weakest pace in a year and a half to end 2023, possibly setting the…
