Inflation likely remained elevated once again for the month of March, adding another round of price increases to Americans' already-strained wallets. On paper, the U.S. economy looks solid. The unemployment rate has now remained below 4% for the longest stretch since the 1960s. Stocks are at all-time highs. The economy continues to add jobs. But since the start of the pandemic, Americans have seen average prices increase more than 20% overall — giving people a sense that the cost of many...
CNBC's Jim Cramer reviewed last Friday's nonfarm payroll report and highlighted the thriving economy.
Kristalina Georgieva said the central bank should continue following economic data to determine when it's right to begin lowering.
The Fed is determined not to reduce interest rates too soon, experts say — a mistake the central bank has made in the past.
The March consumer price index data, released today, showed inflation rose to a 3.5% pace year over year, faster than February's 3.2% rate. The core data exceeded expectations too. The news is likely to delay interest-rate cuts by the Federal Reserve.
Record-breaking bet placed on Dec. 2024 short-term interest rate futures, anticipating Fed rate cuts due to strong economic data and high inflation.
State Street chief investment officer Lori Heinel believes a rate cut in June is "likely."
Situation Report in English on Myanmar about Coordination, Food and
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
A blowout inflation report pushes back the timing of Fed rate cuts.
The Minister of Power, Adebayo Adelabu, has apologised to Nigerians for saying that they keep freezers on for days due to low electricity tariff.
Czech inflation remained at the central bank's target in March, cementing arguments for policymakers to keep cutting interest rates.