Recent economic projections from Federal Reserve officials had shades of "Stagflation-lite," in the words of one economist, a ...
CPI inflation has declined significantly from its pandemic-era high of 9.1% in June 2022. However, it remains above the Federal Reserve's target. The central bank aims for a 2% annual rate over the ...
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
The Federal Reserve has a dual mandate of promoting maximum employment and stable prices, which it tries to foster by ...
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, ...
The Bank of England has held interest rates at 4.5 per cent as it continues to tread carefully amid fears or resurgent ...
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