The ratings agency cut its U.S. 2025 growth forecast to 1.7% from 2.1%, a level well down from growth rates of closer to 3.0% ...

It’s official: President Donald Trump is dragging down not just the U.S. economy but the global economy, too. That’s ...

Industrial Production is forecast to expand by 0.2% on a monthly basis. A negative print could weigh on the USD and help EUR/USD stretch higher. On the flip side, a positive surprise is likely to ...

The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%-4.50% on Wednesday, the second consecutive pause since it began its easing cycle in September.

Higher U.S. tariffs on imports are set to slow economic growth and push inflation higher around the world, with further ...

Modeling by the Organization for Economic Cooperation and Development shows duties would lead to a host of economic ...

US President Donald Trump’s aggressive trade policies have abruptly set the world onto a path of slower growth and higher ...

Picture: NewsWire / John Appleyard But Aussies looking for back-to-back rate cuts might have to wait, as the Reserve Bank weighs up fighting inflation against a slowing economy. “They emphasised ...

FRANKFURT, Germany (AP) — Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank - but leaving open how far the ...

While inflation has plunged from its recent peak of about 9% in June 2022, it still remains higher than the Fed's goal of driving it to an annual rate of 2%. Today's PCE data follows on the heels ...

If the return on an investment does not at least keep up with the rate of inflation, it will result in the loss of purchasing power over the long term. Currently, rates on CDs exceed the Consumer ...

But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates. By Colby Smith Getting inflation under ... might look like in a world where goods spending ...