Bank of England set to keep UK interest rates on hold
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Euro zone inflation dips
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When President Donald Trump claimed to NBC Nightly News anchor Tom Llamas in a Wednesday interview that “I’m getting – starting to get great polls on the economy,” Llamas quickly pushed back by noting that Trump’s polling on the economy is “not great.
The main reason political pressure on the Federal Reserve has not caused markets to price in deeper interest rate cuts is perhaps the simplest: U.S. inflation is just too high to justify it, and there are signs it may be picking up again.
Can AI forecast inflation? See what ChatGPT and Claude predicted about prices, tariffs and wallets -- as well as where experts say they missed the mark.
The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that price increases remain stubbornly elevated
The resignation of Argentina’s statistics chief over delays in updating the inflation index has stirred up memories of price meddling.
This comes as the country sees its highest level of inflation in six quarters.
CAIRO, Feb 5 (Reuters) - Egypt's headline inflation is forecast to have softened to 11.7% in January from 12.3% in December, a Reuters poll found on Thursday, with analysts saying that a favourable base effect and cooling food prices had helped.
Government spending – federal, state and local – grew by less than consumer spending and business investment last year.
U.S. wholesale prices rose a hotter-than-expected 0.5% in December. The Labor Department reported Friday that its producer price index — which measures inflation before it hits consumers — rose from November to December at the fastest pace in three months and faster than the 0.
The surge of inflation that took hold after the pandemic is still hurting household budgets and still very much on the minds of officials at the Federal Reserve.
The European Central Bank left interest rates unchanged on Thursday, with President Christine Lagarde saying policymakers are “in a good place” despite inflation falling below target, stressing that the ECB “cannot be hostage to one data point” as ...