The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while also lifting up the job market, ...
The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision.
Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.
Federal Reserve Bank of St. Louis President Alberto Musalem suggested Friday he will support a central bank interest rate cut ...
If you're awaiting interest rates to fall in the coming months, you probably won't be disappointed—but inflation could easily ...
Even with recent interest rate cuts, savers can still earn a sizable return with a high-yield savings account now.
Miran has argued that a quicker rate-cut path is necessary as trade tensions and heightened economic uncertainty amplify ...
The Federal Reserve cut interest rates for the first time in 2025, with the 25-basis-point reduction coming amid signs of a ...
Irish people are committed savers. The majority who save have their money safely in banks or credit unions. The problem is that over half earn less than 1% interest.
Huw Pill, chief economist at the Bank, emphasised the importance of policymakers avoiding slashing interest rates "too far or ...
India’s inflation eased below the central bank’s target range for the second time this year, strengthening the case for an ...
The USD/RUB exchange rate was trading at 81.05 on Friday, down by almost 30% from its highest point in January. What next for ...