27 h. ago Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut

A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week.

Economics

67 h. ago US Stocks Advance as CPI Report Buoys Trader Bets on Rate Cuts

Equities climbed on Thursday, touching new intraday records as investors expect an in-line inflation report to trigger a Federal Reserve interest rate cut next week.

Economics

3 w. ago Powell hints Fed may cut rates as U.S. inflation risk remains

In a speech that will be closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation.

Economics

3 w. ago Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes

LONDON (AP) — Higher food and airfare prices pushed U.K. inflation above expectations in July, official figures showed Wednesday, which has tempered market expectations that the Bank of England will cut interest rates again this year. The Office for National Statistics said consumer price inflation was 3.8% in the year to July, up from 3.6% […]

Economics

3 w. ago Cooler inflation could set stage for Bank of Canada rate cut

Watch: Economists say there are signs that core inflation is losing upward momentum

Economics

3 w. ago Inflation reading won’t ‘move the needle’ for Bank of Canada, says economist

Still a lot of data to come before the central bank's September decision

Economics