Tag: Inflation
UK inflation unexpectedly eases in December, which could reduce bond markets pressure
LONDON -- Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to...
US producer prices rose 0.2% last month on higher energy costs
WASHINGTON -- U.S. wholesale inflation rose last month on higher energy prices.The Labor Department reported Tuesday that its producer price index — which...
Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season
Wall Street pointed modestly higher early Tuesday ahead of new data on inflation and the kickoff to earnings season.Futures for the S&P 500...
Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
WASHINGTON -- Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in...
Top Fed official backs new rate cuts even if Trump tariffs materialize
WASHINGTON -- A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated...
US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
BANGKOK -- U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t...