Isn’t a “higher for longer” interest rate environment bearish for gold? The short answer is no because real interest rates ...
Data for the same is collected separately by the Ministry of Statistics and Program Implementation as well as the Ministry of Labour. As per the official data shared on July 12, the year-on-year ...
Federal Reserve officials expressed readiness to hold interest rates steady amid stubborn inflation and economic-policy ...
The Stormont executive is to hit householders with a regional rate increase that’s twice the rate of inflation. The hike, ...
Mortgage rates went up this week because of an unexpected resurgence of inflation. The average rate on the 30-year fixed-rate mortgage rose three basis points, to 6.84%, in the week ending Feb.
The real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation.
Recent sticky inflation data backs the Federal Reserve's decision last month to hit the brakes on additional rate cuts, economists say. On Feb. 11, Fed Chair Jerome Powell told the Senate Banking ...
Photo by Chip ... [+] Somodevilla/Getty Images. January inflation ran hot, and the odds of Federal Reserve interest rate cuts fell as total Consumer Price Index inflation accelerated to 3.0% ...
and housing pushed the inflation rate out of the 2% range for the first time since May. Higher inflation means the Federal Reserve is unlikely to cut interest rates anytime soon. Inflation was ...
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to ...
An underlying inflation measure also accelerated. Some economists said the larger-than-expected price surge takes additional Federal Reserve interest rate cuts off the table until at least year's end.