U.S. inflation data plus comments from Fed Chair Jerome Powell could be key for determining the path for U.S. interest rates.
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp downgrade, ...
The Federal Reserve's preferred inflation measure showed price rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures, or ...
Under Labor, federal government spending as a proportion of the economy is at the highest level in almost four decades ...
I would like to see progress in lowering inflation resume before we make further adjustments” to the main interest rate, Federal Reserve Governor Michelle Bowman said.
On Feb. 3, 2025, gold bullion reached an all-time high above $2,830 per ounce before retreating slightly. It closed up 0.6% after Trump announced a one-month delay on his planned 25% tariffs against ...
Federal Reserve officials are treading cautiously on interest rates against a backdrop of sturdy US economic activity and a healthy labor market as officials await policy moves from the Trump ...
US gross domestic product grew by 2.8% in 2024, compared with just 0.7% in the Eurozone. Plagued by structural weaknesses and high energy costs, Europe is being led by the US in terms of growth, ...
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data.
The Atlanta Fed reduced the first quarter economic growth estimate on Wednesday after the release of ISM survey results and official ...
The Office of Personnel Management (OPM) said it gave no orders to shut down government websites amid confusion over complying with a new Trump administration policy requiring agencies to scrub ...