Prices

Fed Governor Bowman says additional rate hike could be needed if inflation stays high

Federal Reserve Governor Michelle Bowman said Friday that it’s possible interest rates may have to move higher to control inflation,…

Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady

It’s a timeless question at fast-food counters: Do you want fries with that? Responders continue answering affirmatively at a higher-than-average…

Job gains expected again in March. Here are all the things to look for in Friday’s report

The March nonfarm payrolls count likely will indicate hiring continuing at a solid pace, though some weakening foundations of the…

Biden says U.S. economy is world’s best. Trump calls it a ‘cesspool.’ Data is clear.

President Joe Biden is fighting to convince inflation-weary voters that the U.S. economy is healthy. “America has the best economy…

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…

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…

Turkey’s opposition stuns in sweeping local elections victory over Erdogan’s party

Turkey’s opposition won a stunning victory across several major cities in the country’s local elections Sunday, dealing a severe blow…