The spike was also a global phenomenon. In the US, the inflation rate hit its highest point in this recent surge in June 2022 ...
On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...
Widespread deportation of foreign-born workers would probably cause some disruption to businesses but the impact on inflation ...
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially ...
President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, ...
It was clear from the beginning of this presidential race that the biggest thorn in Harris’s side was the poor economic ...
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from ...
Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and ...
RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal ...
Many economists warn that Trump’s plans are likely to worsen the inflation he’s vowed to eradicate, drive up the federal debt ...
indicated it was too early to determine whether policies from the incoming Trump administration and the new Congress would stoke inflation and ultimately lead to fewer rate reductions. He said the Fed ...
The Dow Jones gained more than 1500 points on Wednesday after Trump won the 270 electoral votes needed to become the 47th President of the United States.