Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation
Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a ...
Tag: inflation
European shares close shy of record after ECB delivers first rate-cut in five years
European shares closed higher on Thursday, boosted by banking, technology and healthcare stocks, though they finished below session highs after ...
ECB jumps ahead of Fed, cuts interest rate by 25 bps for first time since 2019
The European Central Bank cut its key interest rate Thursday by a quarter point, moving ahead of the U.S. Federal ...
Here’s why the minimum wage and some tax breaks don’t budge despite inflation
Martin Barraud | Ojo Images | Getty ImagesMany Americans are likely familiar with financial thresholds that are adjusted for inflation ...
Fed’s Williams says inflation is too high but will start coming down soon
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during the Market Forum: FX ...
Jamie Dimon says government spending has been ‘so extraordinary’ in the past five years he’s bracing for an economy of high inflation and unemployment
It seems JPMorgan CEO Jamie Dimon can’t see a way ahead for the U.S. economy that doesn’t end in stagflation. ...
Federal Reserve minutes indicate worries over lack of progress on inflation
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee ...
Walmart and Target earnings pull back the curtain on an America struggling with high inflation
Economists have been looking for cracks in U.S. consumer spending for years now amid persistent inflation and higher interest rates, ...
Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates
Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that ...
Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500
Deutsche Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong ...
