European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty
The European Central Bank on Thursday held interest rates steady for a fifth straight meeting and gave its clearest signal…
Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected…
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…
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…
Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
Jamie Dimon, the veteran CEO and chairman of JPMorgan Chase, said he was convinced that artificial intelligence will have a…
