Consumer price index

Two Federal Reserve governors consider keeping interest rates higher for an extended period due to sluggish inflationTwo Federal Reserve governors consider keeping interest rates higher for an extended period due to sluggish inflation

Two Federal Reserve governors consider keeping interest rates higher for an extended period due to sluggish inflation

Federal Reserve governors, Philip Jefferson and Michael Barr, reiterated their stance on holding rates at current levels until there is…

11 months ago
Asian markets rise following another round of record highs on Wall StreetAsian markets rise following another round of record highs on Wall Street

Asian markets rise following another round of record highs on Wall Street

Asian shares surged on Thursday as U.S. stocks hit record highs, fueled by optimism that inflation is starting to ease.…

11 months ago
Federal Reserve receives positive update on inflation progressFederal Reserve receives positive update on inflation progress

Federal Reserve receives positive update on inflation progress

The Federal Reserve received some positive news on Wednesday as new data showed a slight easing in inflation in April.…

11 months ago
What you need to know this weekWhat you need to know this week

What you need to know this week

Stocks on Wall Street rallied during a quiet week for economic data, with the Nasdaq Composite rising just under 1%…

12 months ago
Mortgage holders advised to prepare for increase in interest rates: Critics say RBA’s strategy is ineffectiveMortgage holders advised to prepare for increase in interest rates: Critics say RBA’s strategy is ineffective

Mortgage holders advised to prepare for increase in interest rates: Critics say RBA’s strategy is ineffective

Homeowners in Australia are bracing themselves for potential financial strain as the Reserve Bank of Australia (RBA) has hinted at…

12 months ago