Annual inflation rate slows to 2.9%, lowest since 2021
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is…
Gold futures touch new high on U.S. rate cut hopes; ANZ sees $2,550 by year-end
monsitj/iStock via Getty Images Gold futures ticked higher to a new record high for the front-month contract on Tuesday, as…
Dollar tenses for data verdict on rate cut risks
SYDNEY : The dollar was in limbo on Tuesday as investors waited to see how U.S. economic data affected the…
Ex-BOJ Board Member Rules Out Another Rate Hike This Year
Breadcrumb Trail LinksPMN BusinessThe Bank of Japan won’t be able to raise the policy rate again this year, given the…
Small US Inflation Pickup Won’t Derail a Fed Rate Cut in September
(Bloomberg) -- US inflation probably picked up modestly in July, but not enough to derail the Federal Reserve from a…
Small US Inflation Pickup Won’t Derail a Fed Rate Cut in September
Breadcrumb Trail LinksPMN BusinessUS inflation probably picked up modestly in July, but not enough to derail the Federal Reserve from…
Further interest rate cut could be on the cards after report suggests jobs market cooling
The prospect of the Bank of England cutting interest rates further in the near future has been raised after a…
Is This High Failure Rate A Concern?
Solana, a public blockchain known for its high transaction speeds, is again under scrutiny. After challenges around reliability in the…
Fed official says no rate cuts yet, inflation still above target
Federal Reserve Bank of Kansas City President Jeffrey Schmid signaled he’s not ready to support a reduction in interest rates…
UK salary growth slows, paving the way for potential interest rate cuts
Wage growth in the UK slowed last month while demand for workers remained steady, potentially setting the stage for further…
