Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
On the US Dollar (USD) front, investors await the Federal Reserve’s (Fed) monetary policy decision, which will be announced ...
The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...
The inflation rate for December 2024 will be calculated using the 2009 base year ... The NBS disclosed the CPI release dates and calculation benchmark year during a sensitization workshop held ...
The rebasing of Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI) will ensure that economic indicators ...
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
According to experts, the current CPI model has become outdated because of two key reasons. One, the current CPI is indexed to 2012, the so-called base year, which is over a decade old.
Recently, the National Bureau of Statistics indicated that it would release the results of the newly rebased GDP and CP1 by ...
The central bank lowered its key policy rate to 3.25% in response to slowing economic growth. Governor Tiff Macklem signaled ...
Consumer prices rose at a faster annual pace in December, removing any hopes for a rate cut at the Monetary Policy Committee ...
The Social Security taxable wage base increased from $168,600 in 2024 to $176,100 in 2025. This is the amount of your annual ...
The annual inflation rate dropped to 1.8%, Statistics Canada said, slightly lower than expected and a tick below the prior ...