Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates
Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of…
Euro zone inflation unexpectedly slows to 2.4% in March, with core print also below forecast
Inflation in the 20-nation euro zone eased to 2.4% in March, according to flash figures published by the European Union’s…
Turkey’s inflation climbs to 68.5% despite continued rate hikes
Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to…
Fed officials still expects rate cuts this year, but not anytime soon
Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the…
Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony…
Watch CNBC’s live coverage of Friday’s key inflation data
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Key Fed inflation gauge rose 2.8% annually in February, as expected
Inflation rose in line with expectations in February, likely keeping the Federal Reserve on hold before it can start considering…
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…
