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US jobs report for April will likely point to a slower but still-strong pace of hiring
Seattle Times· 58 minutes agoThe unemployment rate is forecast to stay at 3.8%. The state of the economy is weighing on voters’ minds as the November presidential campaign intensifies ...
Russian central bank holds rates at 16%, raises inflation forecast
Reuters· 7 days agoRussia's central bank held its key interest rate at 16% for the third meeting running on Friday, but...
Powell Keeps Rate Cuts on Table But Leaves Timing Less Certain
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Federal Reserve Chair Jerome Powell kept hopes alive for an interest-rate cut this...
Expect Higher Interest Rates Through the End of 2024. Fed Blames 'Lack of Progress' on Inflation
CNET· 9 hours agoInflation currently sits at 3.5% year over year, according to the Consumer Price Index’s April 10...
Inflation crisis was fuelled by economic groupthink, says Lord Mervyn King
The Telegraph via Yahoo Finance· 9 hours agoBank rate exceeded its pre-pandemic level only in May 2022.“ He warned that economists had been...
Fed keeps interest rates at 23-year high, delaying cuts as inflation progress stalls
Bankrate via AOL· 1 day agoHome prices grew 6.4 percent in February, the fastest annual rate since 2022, data from S&P...
Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
USA TODAY via Yahoo Finance· 2 days agoSince March 2022, the central bank has hiked the federal funds rate 11 times from near zero to...
US warns rates to stay high as it battles inflation
BBC via Yahoo Finance· 22 hours agoAt a press conference following the announcement, Fed chairman...increase was "unlikely", while repeating that officials wanted greater confidence that ...
UK forecast for slowest growth of richest nations next year
BBC via Yahoo Finance· 16 hours agoInflation - which measures the pace of price rises - has slowed significantly from a 40-year high it...
UPDATE 3-Russian central bank warns of slower drop in inflation as it holds rates at 16%
Reuters via Yahoo Finance· 7 days agoThe decision was in line with a Reuters poll of economists, which had forecast that the persistence of inflation, fanned by strong consumer demand and widespread ...