Inflation rises amidst consumer resilience
Digest more
Fed holds rates at 3.50%-3.75% as dissent rises and inflation risks turn policy more hawkish. Click for a review of where rates are going.
February 2026 inflation, measured by the Consumer Price Index, increased 0.3% month over month, while annual inflation held at 2.4% and core inflation held at 2.5%. Shelter costs rose 0.2% and rents increased 0.1% from January, while food and energy prices ...
The European Central Bank left interest rates unchanged as expected on Thursday but signalled its rising concerns over soaring inflation, bolstering bets it would lift rates several times this year with an initial move
"It's too soon to know the scope and duration of potential effects on the economy" from the Middle East conflict, Federal Reserve Chair Jerome Powell said on Wednesday at his post-rate decision press conference. With the Federal Open Market Committee ...
There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more than 100,000 jobs, a Wednesday report revealed.
(Corrects paragraph headed "INFLATION" to say expectations do not heighten clearly, from expectations heighten clearly) April 28 (Reuters) - The Bank of Japan kept interest rates steady on Tuesday but three of its nine-member board proposed hiking borrowing costs,