Prices

Lael Brainard slams food companies for ‘shrinkflation’ as White House attacks price gouging

National Economic Council Director Lael Brainard on Tuesday blamed higher consumer prices on “shrinkflation,” doubling down on the latest battlefront…

Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts

Federal Reserve Governor Adriana Kugler said Wednesday inflation is showing solid signs of slowing down, but she is not ready…

Fed’s Kashkari backs sentiment that policymakers can take their time cutting interest rates

Interest rates running at their highest levels in about 23 years are not hurting the economy and could buy policymakers…

Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’

Turkey’s newly appointed central bank governor, Fatih Karahan, has his work cut out for him, after being named to the…

Turkey’s inflation sees biggest monthly jump since August, nears 65% year on year

In January, Turkish inflation logged its biggest monthly jump since August with a 6.7% rise from December, while year-on-year inflation…

You hear the market expects six Fed rate cuts this year — here’s where that data comes from

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We…

A change to this one clause could be the most important part of the Fed meeting

Immediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small…

Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure

Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…

Treasury chief Yellen touts GDP numbers as a boon to the middle class

WASHINGTON — Treasury Secretary Janet Yellen praised the positive economic growth numbers on Thursday as a benefit for the middle…

Turkey hikes interest rate again to 45% after inflation nears 65%

Turkey’s central bank on Thursday hiked its key interest rate by another 250 basis points to 45%. The hike to the…