European Central Bank holds rates and trims its inflation forecast
The European Central Bank on Thursday held interest rates steady for the second meeting in a row, as it revised…
Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’
LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% and said monetary policy…
Fed holds rates steady, indicates three cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table…
Wholesale prices held flat in November, providing another encouraging inflation signal
Wholesale prices were flat in November, providing a leading indicator that inflation is easing, the Labor Department reported Wednesday. The…
Here’s the inflation breakdown for November 2023 — in one chart
Inflation declined slightly last month on the back of weaker prices at the gasoline pump and a broader easing of…
Inflation slowed to a 3.1% annual rate in November
Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations,…
Michael Milken says the Fed won’t move too early and risk massive inflation like the 1970s
Famed investor Michael Milken expects the Federal Reserve will move slowly on monetary policy — if history is any guide.…
The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing
November’s solid jobs report did not assure that the economy will come in for a soft landing, but it did…
U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%
Job creation showed little signs of a letup in November, as payrolls grew even faster than expected and the unemployment…
Here’s what the market will be looking for in Friday’s key jobs report
At a time when the economy is supposed to be slowing, Friday’s jobs report is expected to show that employers…
