MT Newswires on MSN8m
January Consumer Inflation Accelerates, Core Rates Top Estimates
Consumer inflation in the US accelerated last month on both sequential and annual bases, while core measures came in ahead of Wall Street's estimates, government data showed Wednesday. The consumer ...
Inflation Rises Unexpectedly, Complicating Picture for the Fed
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Bank Of England Cuts UK Interest Rates As Growth Forecast Halves
The Bank of England has downgraded its prediction for economic growth in the UK. That’s a blow to the Labour government as ...