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Consumer prices increased 2.4% in May compared with a year ago, according to a Labor Department report released Wednesday.
The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other ...
“Without a spike in inflation,” said eToro equity analyst Bret Kenwell, “the Fed may have trouble defending its stance on interest rates, particularly as other central banks lower rates and as ...
With inflation at its softest since 2018, the RBI gets room to shift focus from price control to growth support amid global ...
While President Trump has pointed to cooling prices as a reason for rate cuts, the Federal Reserve has kept rates unchanged to guard against tariff-fueled disruptions that could derail a soft landing, ...
Empire Co. Ltd. ‘s chief executive says he rejects the idea of elevated grocery price increases, saying inflation has ...
Britain's central bank looks set to keep interest rates on hold on Thursday as it waits to see if the economy and inflation ...