Bank of England scraps fan charts in forecast overhaul
The exterior of the Bank of England in the City of London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The Bank of England on Friday announced a …
inflation
Wholesale prices rose 0.2% in March
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists had expected. The …
Goldman still expects stubbornly high U.S. inflation to fall this year
Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite investors slashing bets for Federal Reserve interest rate cuts, after yet another print showed that …
CPI Report Shows Higher-Than-Expected Inflation in March
The U.S. consumer price index, which measures the cost of goods and services, increased faster than expected in March at an annual inflation rate of 3.5%, according to a March …
Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected to cut interest rates at some point this year. At …
Consumer prices rose 3.5% from a year ago in March
The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the Federal Reserve will be able to cut interest rates anytime …
Trump slams Biden for inflation after hotter-than-expected CPI report
Joe Biden and Donald Trump 2024. Kevin Lamarque | Jay Paul | Reuters Donald Trump on Wednesday pounced on President Joe Biden after March’s consumer price index came in higher than …
South Korea’s liberal opposition set to retain parliament control as voters pass ‘harsh judgment’ on president
South Korea’s parliament is set to remain in the hands of liberals for another four years, with the ruling conservative party facing a defeat in parliamentary elections widely seen as …
Majority of people in Singapore positive on the economy: SurveyMonkey
Almost 80% of Singaporeans are optimistic about the economy, according to SurveyMonkey’s 2024 poll. Damircudic | E+ | Getty Images Majority of the residents in Singapore are bullish about where …
Wednesday’s report expected to show little progress against inflation
Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Scott Olson | Getty Images A closely watched Labor Department report due Wednesday is expected …