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A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.
The independence of central banks, which allows policymakers to operate free from political meddling, is considered ...
Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher ...
Factory-gate prices held steady in June, surprising economists. The producer-price index was flat last month, the Labor ...
Steve Hanke criticizes Trump and Fed Chairman Powell for their flawed focus on interest rates over money supply, blames the Fed for exacerbating income ...
U.S. retail sales rebounded more than expected in June, suggesting the economy was regaining momentum and giving the Federal ...
Expectations for widespread price hikes following a wave of new tariffs this year have largely fallen short, surprising ...
The Reserve Bank won’t exactly be cheering, but the unexpected rise in Australia’s unemployment rate to a 43-month high of ...
“With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates before we cut the policy rate,” he said. “I believe it makes sense to cut ...
Higher than expected inflation gives the Chancellor a headache, and the Bank of England pause for thought ahead of rate ...
Annual inflation rate in The United Kingdom reached 3.6% in June, exceeding economists' estimates, according to data ...