US Federal Reserve to hold rates steady, but signal policy path in meeting this week
In June the Fed paused, but the quarterly economic projections accompanying that decision showed 12…
Browsing: Markets
Inflation woes persist for small businesses as they struggle to hire
America’s small businesses felt gloomier in August as they continued to struggle with inflation and…
The US economy still seems to be avoiding a recession
The US added 187,000 jobs over the last month. It’s more than expected. In August,…
Bank of America forecasts no rate cuts for UK until 2025 due to ‘entrenched inflation’
Bank of America has predicted the Bank of England will not be able to cut…
US consumer confidence wanes with prices still high and signs of a cooling job market
Americans are feeling less confident financially as summer comes to a close and high prices…
Eurozone inflation slows and other economics stories to read this week
1. Eurozone inflation slows further The latest data from Eurostat has shown that Eurozone inflation…
Biden defends Inflation Reduction Act, dares critics to name a failure in anniversary speech
President Biden defends achievements and challenges critics during one-year anniversary speech for Inflation Reduction Act,…
Retail sales rose solidly last month in a sign that consumers are still spending freely
Americans increased their purchases at retailers last month – for clothing, dining out, online goods…
US inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mile
Over the past year, inflation in the United States has tumbled from 9% all the…
Americans continue to feel better about inflation and the economy
Consumer sentiment tracked by the University of Michigan rose 11% in July from the prior…