Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
Inflation data coming Friday should show a quicker rise in consumer prices at the end of 2024, supporting the Federal Reserve ...
Crikey23h
Can you feel that inflation drop? I’m guessing no, not until interest rates are cut
The new inflation numbers are a bombshell. But until the RBA cuts interest rates, the government won't see much love from the ...
Core PCE price index takes center stage in Friday's economic lineup
As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that ...
fox13now23h
Federal Reserve decides not to change interest rates despite pressure from Trump
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Social Security Cost-of-Living Adjustment (COLA) Update: Here's the Projected Increase for 2026
With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's ...
Island22h
Downward adjustment in electricity tariff triggering deeper deflation – CBSL Governor
By Hiran H.Senewiratne The latest projections have indicated deeper deflation than previously projected, mainly due to the ...
Long Island Business News5h
Cantor: Long Island’s 2025 economy: dependent on unfolding uncertainties
Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
The Daily Mirror23h
Current policy rate sufficient to bring inflation back to 5% target: CBSL
In line with widespread expectations, the Central Bank kept its Overnight Policy Rate (OPR) — its new key policy rate — at ...
24/7 Wall St7h
5 Social Security Changes Trump Should Make - but Probably Won't
Although millions of older Americans rely on Social Security to make ends meet, the program is filled with gaps and flaws that make it far from perfect. And one major issue it’s facing now is the ...
How Trump could radically reshape the Fed
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the ...
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.