The new inflation numbers are a bombshell. But until the RBA cuts interest rates, the government won't see much love from the ...
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's ...
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.
By Hiran H.Senewiratne The latest projections have indicated deeper deflation than previously projected, mainly due to the ...
GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.
In line with widespread expectations, the Central Bank kept its Overnight Policy Rate (OPR) — its new key policy rate — at ...
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.
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 ...
The South African Reserve Bank (Sarb) cut its repo rate by 25 basis points (bps) on Thursday for the third consecutive ...
Australia's biggest four banks are all predicting the Reserve Bank of Australia (RBA) will cut the official cash rate from the current 4.35 per cent at its February meeting. ANZ expects the RBA will ...