Prices

IMF upgrades UK growth forecast in another boost to new Labour government

LONDON — The International Monetary Fund on Tuesday lifted its 2024 growth outlook for the U.K. to 0.7% from 0.5%,…

Traders see the odds of a Fed rate cut by September at 100%

Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that…

Watch Fed Chair Jerome Powell’s remarks on interest rate policy and the economy

[The stream is slated to start at 12:30 p.m. ET. Please refresh the page if you do not see a…

Majority of economists say inflation would be higher under Trump than Biden: WSJ survey

A majority of economists surveyed by The Wall Street Journal said former President Donald Trump’s policies would be more likely…

‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September

Markets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a strong reason…

Key inflation report looms on Thursday as traders grow more confident in Fed rate cut

A widely anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming…

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize…

IMF says Fed should hold interest rates where they are until ‘at least’ end of year

The Federal Reserve should wait to cut interest rates until “at least” the end of the year, according to the…

Biden Cabinet officials roll out new plans to cut costs of living ahead of Trump debate

President Joe Biden’s Cabinet will wrap up a barnstorming tour Thursday after two weeks on the road, touting the administration’s…

Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation

Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President…