Federal Reserve Chair Jerome Powell held rates steady at 4.25% to 4.50% Wednesday and resisted pressure to cut in September, according to Benzinga. Two members supported a rate cut, making it the most ...

Contrary to Trump’s claim, not all prices are “down” and inflation isn’t “dead.” Based on the CPI, the inflation rate was 2.7 ...

US equity markets retrace from record intra-day high. Yen declines after Bank of Japan meeting. US dollar on track for first monthly gain this year ...

Inflation rose three-tenths of a percentage point to 2.6% for the year ending in June, the Bureau of Labor Statistics reported Thursday in an update to the Federal Reserve’s preferred gauge.

The U.S. Bureau of Economic Analysis, or BEA, announced Thursday that personal income for Americans increased in June, but so ...

On this, Q2 GDP grew 5.2% YoY and industrial output 7%, yet retail sales remain stuck below 5%. Beijing’s policymakers are prioritising stability for now, holding the one- and five-year Loan Prime ...

The so-called core personal consumption expenditures price index, which excludes food and energy items, rose 0.3% from May, ...

Core PCE tends to move more slowly than the consumer price index, or CPI, and covers a broader range of spending. If ...

The average retail price of Premium Motor Spirit (PMS), commonly known as petrol, rose to N1,037.66 in June 2025, marking ...

The dollar jumped yesterday on the back of rising rates as if despite the two dovish dissents by governors, yesterday's FOMC ...