Tag: Economic

Stubborn inflation has been hitting Americans at every level: From grocery prices to those of housing, high costs have placed an enormous toll on consumers. Thus, it came as no surprise that the Federal Reserve chose to keep its rates steady following its Federal Open Market Committee (FOMC) meeting which concluded on May 1. In…

A host of big events will be packed into the holiday-shortened week on Wall Street…

RBNZ keeps interest rates steady, sees delayed cuts amid sticky inflation

The retail giant hasn’t shied away from a growing problem…

Bostic sees ongoing disinflation leading to possible cut, but nothing locked in

Path to 2% Inflation target will take longer than expected: Fed’s Mester

Japan’s GDP contracts, complicating BOJ’s rate hike plans

Stocks got a big boost from a softer-than-expected April inflation report, which showed slowing price pressures across the board…

South Africa’s unemployment rate climbs weeks before election

After another reading of hotter-than-expected inflation, you’d think Federal Reserve Chair Jerome Powell might be getting a little worried that the battle will go on much longer than expected.But Powell, for the most part, isn’t stressing ahead of Wednesday’s crucial Consumer Price Index data set to be released in the morning.Tuesday’s wholesale inflation data, which…