Consumer prices rose 2.6 percent in the year through May, slightly higher than expected. Still, the European Central Bank seems prepared to cut interest rates next week.
Category: Interest Rates
-
Why Are People So Down About the Economy? Theories Abound.
Things look strong on paper, but many Americans remain unconvinced. We asked economic officials, the woman who coined “vibecession” and Charlamagne Tha God what they think is happening.
-
GDP Gain in First Quarter Revised Downward in U.S.
Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.
-
Interest on Federal Student Loans Is Rising to 6.53%
The rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been in more than a decade.
-
Ampla, a Lender to Consumer Brands, Faces Financial Struggles
Ampla, which lent money to smaller businesses that sold clothing, home furnishings and other items directly to consumers, is struggling financially and seeking a buyer.
-
What Trump 2.0 Could Mean for the Federal Reserve
A second Trump administration could shake up personnel and financial regulation at America’s central bank, people close to his campaign said.
-
Fed Minutes Show Officials Were Wary About Inflation at May Meeting
Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested.
-
U.K. Inflation Falls to 2.3 Percent, Lowest in Three Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.
-
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.
-
S&P 500 Pushes Past Previous Record After Inflation Report
Investors seized on the latest inflation report as another sign that interest rates could be cut his year, helping push the S&P 500 past its March record.
-
The Stock Market Is Back in Rally Mode
Investors seized on the latest inflation report as another sign that interest rates could be cut his year, helping push the S&P 500 past its March record.
-
Inflation Data Could Show Signs of Progress After Disappointing Run
The Consumer Price Index, which will be released on Wednesday morning, could show price gains moderated a bit in April.