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Wednesday, May 01, 2024 5:39 PM ET

Search Results: inflation

Fed Leaves Interest Rates Unchanged as 'Inflation Risks' Persist

Fed Chair Powell says his confidence in inflation moving back down is lower than before.

Epoch Times - Top Stories - 17 minutes ago

Fed holds key interest rate and warns on inflation -- US & Canada

The US central bank has left interest rates unchanged again, noting a "lack of further progress" toward lowering inflation.

BBC News - Top Stories - 42 minutes ago

Dollar dips as Fed cites disappointing inflation, but keeps focus on cuts

NEW YORK: The dollar fell on Wednesday (May 1) after the US Federal Reserve signalled it is still leaning toward eventual reductions in borrowing costs, but repeated that it wants to gain "greater confidence" that inflation will continue to fall before cutting rates. "In recent months, there has been a lac

Channel NewsAsia - Business - 1 hour ago

Fed holds key interest rate and warns on inflation -- The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation. -- US & Canada

The US central bank has left interest rates unchanged again, noting a "lack of further progress" toward lowering inflation.

BBC News - US News - 2 hours ago

The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn't plan to cut interest rates until it has "greater confidence" that price increases are slowing sustainably to its 2% target.

After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year.

AP News - Politics - 2 hours ago

Interest rates to remain at 2-decade high until inflation further cools, Fed says

Several hotter-than-expected reports on prices and economic growth have undercut the Fed’s belief that inflation was easing.

Chicago Sun-Times - Top Stories - 2 hours ago

Fed keeps rates steady as it notes 'lack of further progress' on inflation

With the decision to hold the line on rates, the committee noted a "lack of further progress" in getting inflation back down to the central bank's 2% target.

CNBC - US News - 2 hours ago

Federal Reserve says interest rates will stay at two-decade high until inflation further cools

After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year.

AP News - Business - 2 hours ago

FTSE 100 Live: Fed notes 'lack of progress' on inflation, holds rates

The US Federal Reserve has held interest rates again, citing a ‘lack of further progress’ on inflation.

Evening Standard - Business - 3 hours ago

Fed to hold rates steady as inflation dims hopes for policy easing

The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.

One America News Network - Top Stories - 6 hours ago

Powell likely to signal that lower inflation is needed before Fed would cut rates

After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big question, after they end th

Washington Times - Business - 8 hours ago

Yellen Says Americans Are 'Better Off' Despite Higher Price Inflation

The Treasury Secretary refutes the Republican argument that President Joe Biden is raising taxes.

Epoch Times - Top Stories - 1 day ago

McDonald's CEO: California minimum wage hike driving labor inflation

McDonald's CEO Chris Kempczinski says the company anticipates high single-digit labor inflation, which he largely attributes to the recent minimum wage law enacted in California.

Fox News - Business - 1 day ago

Europe's economy shows signs of life with 0.3% growth in 1st quarter as inflation, energy woes ease

Europe’s economy perked up slightly at the start of the year, recording 0.3% growth in the January-March quarter as the inflation burden on consumers eased and the stagnating German economy, the continent’s biggest, started to show modest signs of life.

AP News - Business - 1 day ago

Euro zone inflation holds at 2.4%, keeping June rate cut in play as economy grows

Price rises in the 20-nation euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter.

CNBC - Business - 1 day ago

Shop price inflation falls to lowest since 2021 in boost for hopes of rate cuts

Retail prices ‘show signs of normalising’ after peaking a year ago

Telegraph UK - Business - 1 day ago

Lowest shop price inflation since December 2021 as some prices actually fall - industry data

The prices of many non-food goods are now cheaper than a year ago, industry figures show but geopolitical tensions and the knock-on impact on energy prices pose a threat to future prices.

Sky News - Business - 1 day ago

Financial pessimism rising alongside interest rates, inflation: 'I've had to re-evaluate what is possible'

People struggling with debt and feelings of financial anxiety are predicting bleaker futures for themselves and their children, say polls

The Globe and Mail - Business - 2 days ago

All the data is showing inflation isn't going away, making things tough on Fed

The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very good.

CNBC - Business - 3 days ago

Slowing growth plus stubborn inflation add up to a headache for Fed officials

The data spells at least a mild stagflationary environment that will make policymaking troublesome.

CNBC - Business - 6 days ago

US economic growth slows in first quarter; inflation surges

he U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade deficit.

One America News Network - Business - 6 days ago

Inflation Is Not in a Good Spot. There's a Clear Culprit. -- Nitish Pahwa

It’s getting very expensive to own a vehicle.

Slate - Business - 15 days ago

Inflation edges higher as housing costs and travel prices rise

Consumer prices rose by an annual 2.7% in March, from 2.5% in February, reducing the odds that the central bank will lower already high borrowing costs for consumers in May

Times of Israel - Business - 16 days ago

BlackRock's Fink sees Fed cutting twice this year but missing inflation goal

The head of the world's largest money manager said it's unlikely the central bank will hit its 2% goal anytime soon.

CNBC - Business - 19 days ago

Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

Taken together, Dimon said the three issues pose substantial unknowns.

CNBC - Business - 19 days ago

Hot inflation data pushes market's rate cut expectations to September

March's consumer price index release Wednesday helped verify worries that inflation is proving stickier than thought.

CNBC - Business - 21 days ago

Inflation Surges To 3.5%: Persistent Price Pressures Test Economic Resilience

The latest CPI report for March unveils a sharp uptick in inflation to 3.5%, posing a significant test to the resilience of the economy.

International Business Times - US News - 21 days ago

A crucial report Wednesday is expected to show little progress against inflation

The March consumer price index is expected to register increases of 0.3% both for the all-items measure as well as core.

CNBC - Business - 22 days ago

Small business optimism hits 11-year low as inflation fears won't go away

The NFIB's survey showed a reading of 88.5, down nearly a point from February to the lowest since December 2012.

CNBC - Business - 22 days ago

Surprise inflation drop could mean cheaper mortgages by the summer

The fall in inflation has increased the chances the Bank of England will look to cut interest rates in the summer

Independent UK - Business - 1 month ago

Inflation is falling fast – but will that mean interest rate cuts?

Some economists predict rate cuts as early as next month, but don’t expect the Bank of England to abandon its caution says James Moore

Independent UK - Business - 1 month ago

Fighting inflation: Experts share what behavioral changes, habits can save you major cash in 2024

Personal finance expert say a few helpful tweaks to habits and behaviors, including the adoption of "loud budgeting," can help people save big in 2024.

Fox News - Business - 1 month ago

Is the Fed's Cure for Inflation Worse Than the Disease?

Economic analyst Ryan Sweet on the tricky balance Jerome Powell is trying to strike and how Europe’s woes could spread to America.

New York Magazine - Business - 1 year ago