9 May: Summer Reduction In Rates Hinges On Inflation News The Bank of England has, as expected, kept borrowing costs at a 16-year high of 5.25%, the sixth time since August last year it has left its ...
The good news is that this was the first month of this year the foodservice industry has been able to post positive sales ...
The US job market has been on a roll for the past three years. Some economists even say “it’s as good as it’s ever been.” ...
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
The Federal Reserve needs more time before cutting interest rates, as hotter-than-expected inflation zaps any need for ...
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
The Federal Reserve is expected to announce Wednesday that it is keeping interest rates at a quarter-century high for the ...
Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for ...
Inflation is heating back up, and economists fear the stickiest drivers of rising prices are getting harder to scrub away. The unwelcome surprises now have forecasters eyeing fewer cuts, closer to the ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
Friday's report from the government showed that prices rose 0.3% from February to March ... well above the rate of inflation.