Tariffs set to take effect Tuesday may mean consumers won’t get a reprieve from high borrowing costs this year, according to ...
Like everyone else, Federal Reserve officials are watching and waiting to see what tariffs Donald Trump will impose and how they will affect the economy.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Trump's proposed tariffs against Mexico, Canada and China have already affected the economy before a single cent of goods have been taxed.
Interest rates were only cut twice in 2024 with base rate falling from a high of 5.25 per cent to 4.75 per cent. Will the ...
Moderately higher inflation now tends to lead central banks to put up their interest rates, which in turn has the effect of attracting more capital inflows from global investors seeking a ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.