Fed holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
FOMC Statement Acknowledges Lack of Progress Toward 2% Inflation Goal
The Federal Open Market Committee’s latest policy statement on Wednesday pointed to stubborn inflation readings and an ...
ECB cuts rates again as inflation nears 2% and growth remains weak
The European Central Bank (ECB) cut its benchmark interest rate again by a quarter-point to 2.75% on Thursday as inflation ...
Chalmers claims ‘sustained progress’ against inflation, as government crosses its fingers for rate cut
The Albanese government – and the financial markets – would be shocked if the Reserve Bank doesn’t cut interest rates in ...
S&P warns uncertain federal policy could keep inflation above 2%
A credit-rating agency warned that inflation could remain above the Federal Reserve's 2% target because of uncertainty about ...
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Federal politics live: Coalition ramps up attack on Labor's handling of the cost of living as inflation falls
The shadow treasurer has criticised the government for celebrating a fall in inflation when Australians are still feeling hip ...
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US Fed holds rates steady, warns of high inflation
The US Federal Reserve kept interest rates unchanged today, Jan. 29, following a two-day meeting, as widely expected. This came after the Fed c ...
US Economy Ends 2024 With 2.3% GDP Growth on Consumer Resilience
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory ...
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Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
Inflation, though, remains a concern for Fed policymakers, she added, with readings still above the Fed’s 2% target. It is “still a bit too high for the Fed’s liking and the bar to a March rate cut is ...
Today's Mortgage Rates | Rates Tick Down as Fed Eyes Elevated Inflation
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down ...
Gold hits record high on safe-haven demand amid tariff threats
Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the ...