Latest Economics News
Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
An important gauge for the Federal Reserve showed…
U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Economic activity in the U.S. was considerably stronger…
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
Pedestrians walk along Wall Street near the New…
How Biden’s unpopular economic record could be a challenge for Kamala Harris
As the frontrunner for the Democratic party's nomination,…
UK inflation holds steady at Bank of England's 2% target, above expectations
Alexander Spatari | Moment | Getty ImagesU.K. inflation…
Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Golden Horn and Bosphorus at sunset, Istanbul, TurkeyMatteo…
Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports
Republican presidential nominee and former U.S. President Donald…
IMF sees ‘bumps’ in path to lower inflation
The International Monetary Fund warned Tuesday that upside…
IMF upgrades UK growth forecast in another boost to new Labour government
Seen through the branches of trees in Ruskin…
Powell indicates Fed won't wait until inflation is down to 2% before cutting rates
Federal Reserve Chair Jerome Powell said Monday that…