NAB has joined the other big four banks in forecasting a 0.25% February rate cut, after the December consumer price index showed a drop in underlying inflation to 3.2%.
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
Social Security benefits received a 2.5% cost-of-living adjustment (COLA) in 2025, but for many retirees, this is not enough ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The December CPI report showed that core inflation continued to moderate in key areas like goods, even as the headline ...
Australia's CPI inflation slows to 2.4% YoY in Q4 2024, driven by government rebates. Click here to find out what investors ...
Gallup’s annual Economy and Personal Finance poll found that, in 2024, respondents named inflation as the most important ...
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the ...
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...