President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
TOKYO—The Bank of Japan raised interest rates on Friday to the highest level since October 2008, as the economy makes steady progress toward the bank’s goal of stable 2% inflation and wage-backed ...
Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many Americans struggling to make ends meet.
Yet poverty rates jumped to 53% from 42% in late 2023, according to the Catholic University of Argentina. "Argentines are not yet better off than they were a year ago," The Economist said, noting that ...
The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a ...