Economists had expected the inflation rate to remain unchanged after accelerating in the previous three months. Inflation based on the harmonized index of consumer prices was unchanged at 2.8 ...
WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and ...
Ahead of the Union Budget 2025, that is to be tabled on Feb 1, Delhi Resident Sangeeta Singh asserted that the inflation rate should be curbed. Following this she said that the government should focus ...
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.
The core inflation rate is currently 3.2%. Rising prices on food, shelter and energy continue to be the main culprits for price increases. Moreover, if President Donald Trump goes through with ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.