US retail sales rise 0.1% in May from April as inflation and high interest rates curb spending. 24/7 coverage of breaking ...
Moody’s Analytics has warned that inflation could reaccelerate if former President Trump wins the White House and Republicans ...
The Bank of England has been accused of making a “political decision” after holding interest rates at a 16-year high despite ...
Sales at U.S. retailers barely rose in May, suggesting Americans are feeling the weight of lingering inflation and high ...
The US Federal Reserve has held interest rates in a target range between 5.25% and 5.5%, a 23-year high, as the world’s largest economy continues to fight stubbornly elevated inflation, Andrew ...
Core inflation, which strips out more volatile items like food and energy prices, also slowed despite rents continuing to ...
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 ...
Today, home building slowed in May and Federal Reserve officials will continue to analyze incoming economic data.
Investors in contracts tied to the Fed’s benchmark interest rate largely kept bets intact that the central bank would approve ...
Rolling coverage of the latest economic and financial news, including the UK interest rate decision at noon today ...
The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4's UK ...