Williams says 'it will take more time' to hit Fed's 2% inflation goal, but more rate cuts not ruled out
Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
Bank of England to cut interest rates four times this year - Reuters poll
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...
US inflation picked up in December but underlying price pressures eased
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed ...
The Dow soars 700 points as inflation cools and bank earnings slay
The Dow surged 700 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking ...
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Citi beats earnings expectations, cuts profitability target
The megabank reported achievements in several areas, but lowered its 2026 expectations for a profitability metric that ...
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...