Fed Holds Rates Steady and Predicts Higher Inflation, Slower Growth Ahead
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the ...
Fed Stays Pat on Interest Rates, Sees Slower Growth and Higher Inflation in 2025
The Fed's summary of economic projections now sees growth in the nation’s gross domestic product at 1.7% this year, down from ...
Citing Tariffs and Uncertainty, Fed Sees Higher Inflation and Lower Growth
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
Grocery price inflation levels off, but the cost of these items continue to rise
While the cost of eggs and some other items continue to rise, grocery price inflation overall seems to be leveling out.
Ghana inflation 'uncomfortably high', new central bank governor says
Ghana's new central bank governor said on Monday that inflation remains uncomfortably high and would require a balanced ...
Inflation eased in February, but trade war threatens higher prices
As CPI report shows inflation continued at 2.8 percent in February, tariffs fueled worries of another recession, which ...
Debt.com's 2025 Credit Card Survey Reveals Alarming Credit Card Debt Trends as Inflation Continues to Strain American Wallets
As lawmakers propose new legislation to cap sky-high credit card interest rates, Debt.com's latest Credit Card Survey reveals just how deeply inflation has driven Americans into debt—and how many are ...
Federal Reserve keeps interest rate unchanged, sees slower growth, slightly higher inflation ahead
The Federal Reserve on Wednesday is expected to signal it could cut its key interest rate twice this year — the same forecast ...
Brazil's Government Maintains 2025 GDP Forecast, Sees Higher Inflation
Brazil's President Luiz Inacio Lula da Silva attends a meeting to announce the submission of a bill to expand income tax ...
Canada's inflation jumps to eight-month high as sales tax break ends
Canada's annual inflation rate showed a surprise jump to 2.6% in February, surpassing expectations as a sales tax break that ...
Fed Holds Rates Steady, Sees Slower Growth and Higher Inflation
Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, caught between mounting ...