US retail sales rise 0.1% in May from April as inflation and high interest rates curb spending.

The US economy shows resilience despite limited growth due to Fed rate hikes. Easier monetary conditions expected to continue ...

Core inflation, which strips out more volatile items like food and energy prices, also slowed despite rents continuing to ...

The CME FedWatch Tool shows that the odds for a 25 bps rate cut for September stand at 58%, down from 62% a day ago. In the ...

Moody’s Analytics has warned that inflation could reaccelerate if former President Trump wins the White House and Republicans ...

Sales at U.S. retailers barely rose in May, suggesting Americans are feeling the weight of lingering inflation and high ...

US retail sales showed minimal growth due to ongoing high inflation and interest rates. The rise was below expectations, with ...

The US Federal Reserve kept interest rates steady as expected Wednesday, and suggested it could cut rates just once before ...

Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since ...

Consumer Pulse study found consumer concerns about inflation and interest rates reached their highest levels in two years.

The Bank of England has declined to cut interest rates from their 16-year high – despite inflation finally falling to meet ...

Rolling coverage of the latest economic and financial news, including the UK interest rate decision at noon today ...