US retail sales rise 0.1% in May from April as inflation and high interest rates curb spending
US retail sales rise 0.1% in May from April as inflation and high interest rates curb spending.
US Economy 'In State Of Unstable Equilibrium,' Study Finds
The US economy shows resilience despite limited growth due to Fed rate hikes. Easier monetary conditions expected to continue ...
US Economy News Today: Mortgage Rates Fall For the Third Consecutive Week
Today, home building slowed in May and Federal Reserve officials will continue to analyze incoming economic data.
Trump win, GOP sweep would fuel inflation: Moody’s Analytics
Moody’s Analytics has warned that inflation could reaccelerate if former President Trump wins the White House and Republicans ...
Retail sales in U.S. shackled by inflation and high interest rates
Sales at U.S. retailers barely rose in May, suggesting Americans are feeling the weight of lingering inflation and high ...
Bank accused of ‘political decision’ to hold interest rates
The Bank of England has been accused of making a “political decision” after holding interest rates at a 16-year high despite ...
US Fed keeps interest rates steady after positive inflation news
The US Federal Reserve kept interest rates steady as expected Wednesday, and suggested it could cut rates just once before ...
devdiscourse2d
US Retail Sales Struggle Amid High Inflation and Interest Rates
US retail sales showed minimal growth due to ongoing high inflation and interest rates. The rise was below expectations, with ...
Further thoughts about inflation
People are concerned about high prices. This is true for U.S. Americans, Europeans and people across the world.
Average long-term US mortgage rate falls again, easing to lowest level since early April
Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since ...
No fall in interest rates despite inflation hitting 2% target, Bank of England announces
The Bank of England has declined to cut interest rates from their 16-year high – despite inflation finally falling to meet ...
Japan's May core inflation perks up, keeps rate hike prospect intact
Japan's core consumer prices in May rose 2.5% from a year earlier, data showed on Friday, accelerating from the previous month and keeping the central bank on track to further raise interest rates in ...