Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a…
IMF sees ‘bumps’ in path to lower inflation
The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple…
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…
