Tag: Inflation
U.S. protectionism could undermine modest growth forecast for eurozone, says EU Commission
FRANKFURT, Germany -- Europe's economy has left stagnation behind but is headed for only modest growth in coming months as consumers regain some...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
WASHINGTON -- Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the...
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb.The rate slipped to 6.78% from...
Number of Americans filing for unemployment falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to the lowest level in six months last week as layoffs remain at relatively...
US wholesale inflation picks up slightly in sign that some pressures remain elevated
WASHINGTON -- Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely...
Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surges
BANGKOK -- Shares were mixed in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last...