OECD says global economic outlook ‘slightly better’ for 2023 but inflation risks linger
OECD Secretary-General Mathias Cormann said the global economic outlook is “slightly brighter” this year but inflation challenges remain. “The outlook…
Key Fed inflation measure rose 0.6% in January, more than expected
A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank…
Euro zone inflation softens to 8.5% in February as ECB signals interest rate hiking is not over
New data out of the euro zone on Thursday suggested that inflation is taking a while to come down significantly,…
Fed’s Powell heads to Capitol Hill this week, and he’s going to have his hands full
Federal Reserve Chairman Jerome Powell is set to appear before Congress with a tall task: Persuade legislators that he’s committed…
Just like that: Market pricing swings back to quarter-point Fed rate hike
It seemed like only yesterday that markets were sure that a tougher Federal Reserve was going to raise its benchmark…
Wholesale prices post unexpected decline of 0.1% in February; retail sales fall
Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its…
