Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut
Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are…
Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a…
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…
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…
Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut…
Majority of economists say inflation would be higher under Trump than Biden: WSJ survey
A majority of economists surveyed by The Wall Street Journal said former President Donald Trump’s policies would be more likely…
Here’s the deflation breakdown for June 2024 — in one chart
Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for…
Wholesale prices rose 0.2% in June, slightly hotter than expected
A measure of wholesale prices rose more than expected in June as Wall Street assesses when the Federal Reserve will…
JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.…
‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September
Markets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a strong reason…
