Latest Economics News
Fed Governor Bowman favors July interest rate cut if inflation stays low
Federal Reserve Governor Michelle Bowman said Monday that…
The Fed is likely to keep rates the same, but give a forecast that moves markets. What to expect
Federal Reserve Chair Jerome Powell delivers remarks during…
Retail sales fell 0.9% in May, worse than expected as consumers pulled back
Consumers spending pulled back sharply in May, weighed…
Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
Consumers in the early part of June grew…
Here are the three reasons why tariffs have yet to drive inflation higher
Shoppers browse the frozen food cases at WinCo.Joe…
UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher
LONDON, UNITED KINGDOM - MARCH 26, 2025: Britain's…
UK exports to the U.S. plunge by most on record as tariffs bite
Container ships at Felixstowe port in Felixstowe, UK,…
U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago
The U.S. Department of the Treasury building is…
Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates
U.S. Vice President JD Vance speaks, during a…
U.S. inflation rises 0.1% in May from prior month, less than expected
Consumer prices rose less than expected in May…