Inflation

Economy

Inflation Rises at Fastest Pace in 1.5 Years: What it Means for 2025 Fed Rate Cuts

Inflation is heating up again, casting doubt on hopes for Federal Reserve rate cuts in 2025. Fresh data from the…

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Economy

Why the Fed Left Rates Unchanged Despite Pressure from Trump

The Federal Reserve has decided to hold interest rates steady in its January 2025 policy meeting, resisting calls from President…

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Economy

Core Inflation Eases in December, Here’s Where the Fed Rate-Cut Odds Stand

Core inflation in the US cooled more than expected in December, sparking optimism about the Federal Reserve’s path for interest…

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Economy

Fed Cuts Rates, Stocks and Crypto Slide on Powell’s Hawkish Tone

On Wednesday, the Federal Reserve’s decision to cut interest rates by 25 basis points sent shockwaves through financial markets, with…

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Economy

Fed Cuts Interest Rates for Second Time in 2024

In a widely anticipated move, the Federal Reserve announced its second interest rate cut in 2024 on Thursday, opting to…

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Economy

Bank of Canada Delivers Jumbo-Sized Rate Cut to Boost Economy

The Bank of Canada announced a significant shift in its monetary policy, cutting its key interest rate by 50 basis…

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Economy

Fed Cuts Interest Rates By Half-Point in First Rate Cut in Four Years

In a move that signals a significant pivot in monetary policy, the Federal Reserve cut its benchmark interest rate by…

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Economy

US Inflation Drops to Three-Year Low, Fed to Start Rate Cuts

US inflation reached a significant milestone in August, with the annual rate cooling to 2.5%, the lowest in three years.…

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Economy

US Jobs Report Falls Short of Expectations for Second Consecutive Month

The highly-anticipated US jobs report, released today, showed the labor market continued cooling in August, as employers added just 142,000…

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Economy

August Jobs Report Likely to Determine Size of Fed’s Rate Cut

The release of the August jobs report is set to be a pivotal moment for the U.S. economy, determining not…

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