Economists were already scaling back predictions of multiple Federal Reserve interest rate cuts this year after data ...

A resilient job market, healthy economic growth, and high consumer demand point to an economy that’s in “an incredibly strong position,” explains PIMCO economist Tiffany Wilding. At the same time, ...

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US consumer inflation unexpectedly accelerated last month, according to government data published on Wednesday, adding to pressure on the Federal Reserve (Fed) to continue its rate cut pause.

The GDP surprise has boosted the pound, and GBP/USD is back above $1.25, as a double whammy of good news, including the Ukraine/ Russia peace talks also give hope that energy costs could fall. We ...

MANILA: The Philippine central bank is widely expected to deliver another quarter-point interest rate cut on Thursday (Feb 13 ...

Four months after the Fed cut rates, inflationary pressures appear to be building in the US. The lesson is unlikely to be ...

Wednesday's hotter-than-expected CPI report for January might possibly spell the end of the Federal Reserve's rate-cutting cycle, which has been on pause since officials delivered three quarter-point ...

The US central bank “will make decisions about interest rates as we go,” Fed chair Jerome Powell said this week.

The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.

The consumer price index (CPI) edged up to 3.0 percent in January from a year ago, rising slightly from 2.9 percent in December, the Labor Department said in a statement.

Stronger-than-expected inflation and labor market data into the end of 2024 led to the US Federal Reserve's decision to pause ...