Japan’s inflation accelerated for a second month in June, leaving the door open for central bank officials to consider raising interest rates when they gather to set policy at the end of the month....
Speaker after speaker at the Republican National Convention this week has laid the blame for high inflation with the Biden administration.Virginia Governor Glenn Youngkin denounced “the silent thief...
18/07/2024
US retail sales, excluding the impact of a cyberattack on auto dealerships, rose in June by the most in three months, a sign consumers regained their footing at the end of the second quarter.Retail...
17/07/2024
Federal Reserve Chair Jerome Powell said second-quarter economic data has provided policymakers greater confidence that inflation is heading down to the central bank’s 2% goal, possibly paving the...
16/07/2024
Donald Trump was injured in what the FBI said was an attempted assassination at an election rally in Pennsylvania on Saturday evening, an act of political violence that threatens to upend an already...
15/07/2024
US inflation cooled broadly in June to the slowest pace since 2021 on the back of a long-awaited slowdown in housing costs, sending the strongest signal yet that the Federal Reserve can cut interest...
12/07/2024
Federal Reserve Chair Jerome Powell said he believes inflation is receding, but isn’t yet confident that price gains are sustainably slowing to the central bank’s 2% goal.“I do have some confidence”...
11/07/2024
Federal Reserve Chair Jerome Powell said officials are increasingly wary of potential risks to the labor market from high borrowing costs as they seek more evidence inflation is slowing down.Speaking...
10/07/2024
US consumers’ near-term inflation expectations declined for the second straight month in June as Americans lowered their outlook for how much they expect home prices and the cost of other goods to...
09/07/2024
Jerome Powell is likely to tell lawmakers that Federal Reserve officials need further confirmation inflation is slowing before they’re in a position to cut interest rates, even with evidence building...
08/07/2024