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Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 1 day agoSome economists still believe the Fed will trim rates twice this year. "Overall, there’s nothing...
Why are China’s consumers spending less?
Retail Insight Network via Yahoo Finance· 3 hours agoIt was recorded at 5.2% in 2023 and is projected to be 4.5% in 2024. Mark Williams, chief Asia economist at Capital Economics, tells Retail Insight...
US Fed pencils in one interest rate cut this year
BBC via Yahoo Finance· 4 hours agoAt the same time, average wage growth in the UK remains strong compared to inflation. Earlier this week, Ruth Gregory, deputy chief UK economist at ...
Here's the inflation breakdown for May 2024 — in one chart
CNBC· 23 hours agoInflation fell slightly in May, as positive trends like lower gasoline prices were counteracted by...
Does May’s Softer Inflation Report Send the All-Clear? Not So Fast.
Barrons.com· 20 hours agoEconomists at Citi, Morgan Stanley, and Capital Economics all estimate that core PCE inflation will...
The housing market’s pivotal spring selling season is coming to an end—not with a bang, but with a...
Fortune via Yahoo Finance· 3 days agoCapital Economics says “mortgage demand and sales activity won’t recover until rates fall...
CPI: 3 Wall Street economists react to today's inflation numbers By Investing.com
Investing.com· 23 hours agoFollowing the latest US inflation data, Wall Street economists have been quick to offer their views...
Payroll Outperformance To Soothe Fears About Economy - Capital Economics
RTT News· 6 days agoThe bigger-than-expected gain in non-farm payrolls is likely to soothe fears about the economy, while the increase in average earnings would prompt the Fed to remain focused on the upside risks ...
Inflation Flat In May As Gas Prices Subside, Giving White House, Markets A Boost
HuffPost via Yahoo Finance· 19 hours ago“We still need several more months of this, but the fundamentals are encouraging,” said Paul...
Inflation eases in May, but don't expect relief on interest rates anytime soon
Fairfield-Suisun Daily Republic· 17 hours agoConsumers in the West Coast and across the nation received a bit of relief last month as inflation...
