- Key Fed inflation measure shows 2.4% rate in November, lower than expectedon December 20, 2024 at 2:30 pm
The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly.
- Russian central bank surprises markets by holding key rate at 21%on December 20, 2024 at 12:00 pm
Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its ongoing battle with sky-scraping inflation.
- Bank of England holds rates but vote split surprises marketson December 19, 2024 at 1:15 pm
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage growth.
- The Fed has a big interest rate decision coming Wednesday. Here's what to expecton December 18, 2024 at 4:34 pm
Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter percentage point.
- UK inflation rises to 2.6% in November, in line with expectationson December 18, 2024 at 7:48 am
UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.
- Iran faces dual crisis amid currency drop and loss of major regional allyon December 16, 2024 at 11:54 am
Since September, the rial has suffered the ripple effects of hits to Iran's proxies, as well as the November election of Donald Trump to the U.S. presidency.
- More than half of Gen X parents worry about financially supporting their kids into adulthood, survey showson December 15, 2024 at 12:01 pm
Fifty-three percent of Gen X parents are concerned their kids won't be fully financially independent into adulthood, U.S. Bank data reveals.
Breaking News: