Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...
Brazil's jobless rate hits lowest yearly average ever in 2024
Brazil's jobless rate came in slightly above market expectations in the final quarter of 2024 but reached its lowest yearly ...
Fed’s favoured inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
ECB back at target by summer, supporting policy easing, Villeroy says
Euro zone inflation will be back at the European Central Bank's 2% target by the summer and interest rates could keep on ...
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
ECB should use bond buys more sparingly in future, Knot says
The European Central Bank should use bond purchases more sparingly in the future given costly side effects, Dutch central ...
Traders Bet Fed's Next Rate Cut Will Wait Until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fed’s Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
With Trump, Ukraine renews appeal to seize Russia’s frozen billions
With U.S. military aid to Ukraine in doubt, Zelensky hopes to convince Trump to get the Europeans on side for confiscating ...
Fed's Bowman sees 'upside risks' to inflation, backs cautious and gradual policy approach
Progress on inflation was "noticeably" slower last year than in 2023, and upside risks to higher price pressures remain, and therefore the U.S. central bank should adopt a cautious and gradual ...