The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
BNPL adoption is expected to surge this holiday season. Dive into the latest trends, consumer habits, and what this means for ...
Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further away from its inflation goal and reducing the chance of a another ...
Starting in the early 2000s, Taiwan started to run large current account surpluses of 5- 7 per cent of GDP. That’s big. At ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Inflation has stalled above policymakers’ 2% target, according to data released Friday morning, bolstering the case for the Federal Reserve’s decision earlier this week to pump the brakes on its ...