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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…

Watch CNBC’s live coverage of Friday’s key inflation data

[The stream is slated to start at 8:15 a.m. ET. Please refresh the page if you do not see a…

Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis

The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy…

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,…

Switzerland becomes first major economy to cut interest rates in surprise move

The Swiss National Bank on Thursday surprised the market with a decision to lower its main policy rate by 0.25…