inflation

Watch Fed Chair Powell testify live before Senate Banking Committee

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Watch Fed Chair Jerome Powell testify live on Capitol Hill before House panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Powell reinforces position that the Fed is not ready to start cutting interest rates

Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but…

Biden to launch joint FTC-DOJ task force to crack down on ‘unfair and illegal pricing’

President Joe Biden on Tuesday will launch a new task force to take on “unfair and illegal” corporate pricing, which…

Turkish annual inflation soars to 67% in February

Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.…

This shift in the Treasury market may set investors up for solid gains

Investor sentiment toward intermediate-term Treasury bonds may be changing. Schwab Asset Management’s David Botset is seeing more flows into bonds…

Fed’s Waller wants more evidence inflation is cooling before cutting interest rates

Federal Reserve Governor Christopher Waller said Thursday he will need to see more evidence that inflation is cooling before he…

Turkey ends hiking cycle after 8 months, holding key rate at 45%

Turkey’s central bank held its key interest rate on Thursday, keeping it at 45% despite soaring inflation after eight consecutive…

Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show

WASHINGTON – Federal Reserve officials indicated at their last meeting that they were in no hurry to cut interest rates…