The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to ...

The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to ...

The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Stagflation poses a particular challenge for policymakers because it puts their two primary goals — maximum employment and stable prices — in tension. Ordinarily, the Fed raises interest rates to ...

South Africa's headline inflation rate remained at 2.8% year on year in May, unchanged from the previous month as expected by ...

Economists are expecting price rises to have settled in May, resulting in a slowdown in the overall inflation rate.

While South Korea’s inflation has stabilized near the central bank’s 2% target, US tariffs and the Israel-Iran conflict are ...

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The federal-funds rate has been maintained in the target range of 4.25%-4.50% since it was cut by 1 percentage point from ...

Food and drink inflation soared to its highest level in 15 months in May, official figures show. The latest data from the ...