inflation

Former Fed Vice Chair Clarida sees possibility of fewer rate cuts than expected this year

Stubbornly high inflation could push the Federal Reserve into a more cautious stance this year regarding interest rate cuts, the…

Immigration is boosting the U.S. economy and has been ‘really underestimated,’ says JPMorgan research head

The recent surge in immigration into the U.S. is helping to bolster the economy despite a raft of global challenges,…

Fed holds rates steady and maintains three cuts coming sometime this year

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…

Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday

The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing…

Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting

The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall…

Turkey opts for new tightening strategy after signaling a pause to hikes

Turkey’s central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling…

Here’s when the Fed is likely to start cutting interest rates, according to investment strategists

WEST PALM BEACH, Fla. — The U.S. Federal Reserve is likely to start cutting interest rates by the end of…

Wholesale inflation rose 0.6% in February, much more than expected

Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S.…

Voters blame businesses more than Biden for sticky inflation

President Joe Biden is starting to win the inflation blame game against corporations. A recent Financial Times-Michigan Ross online poll…

Consumer prices rose 0.4% in February and 3.2% from a year ago

Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting…