Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports
Republican presidential nominee and former U.S. President Donald Trump raises his fist during Day 1 of the Republican National Convention…
Global Economy News, Financial Trends & Market Analysis
Stay updated with the latest economy news, inflation reports, GDP growth updates, Federal Reserve decisions, and global financial developments at StockXpo. Our expert-driven economy coverage helps readers understand market movements, economic trends, and worldwide financial changes with simple and informative analysis.
IMF sees ‘bumps’ in path to lower inflation
The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple…
IMF upgrades UK growth forecast in another boost to new Labour government
Seen through the branches of trees in Ruskin Park are the lit porches of terraced period homes and in the…
Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut…
Watch Fed Chair Jerome Powell’s remarks on interest rate policy and the economy
[The stream is slated to start at 12:30 p.m. ET. Please refresh the page if you do not see a…
With odds of a Trump win rising, here’s what it could mean for Europe’s economy
Former US President Donald Trump during a campaign event at Trump National Doral Golf Club in Miami, Florida, US, on…
The housing market, explained in 6 charts
Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland on September…
With high prices and mortgage rates, aspiring and current homeowners feel ‘stuck’
A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty ImagesWhen Rachel Burress…
Wholesale prices rose 0.2% in June, slightly hotter than expected
A measure of wholesale prices rose more than expected in June as Wall Street assesses when the Federal Reserve will…
‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington,…
Inflation falls 0.1% in June from prior month, helping case for lower rates
The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for…
UK economy returns to growth in May, beating expectations as British pound hits four-month high
City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial…
Key inflation report looms on Thursday as traders grow more confident in Fed rate cut
An Aldi supermarket in Alhambra, California, on June 27, 2024.Eric Thayer | Bloomberg | Getty ImagesA widely anticipated inflation report…
Fed Chair Powell says holding rates high for too long could jeopardize economic growth
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington,…
Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups
Jobseekers attend the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena in Sunrise, Florida, on June 26,…
U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department…
Here’s where the jobs are for June — in one chart
The breakdown of the June jobs report suggests that growth has become increasingly uneven as the labor market shows signs…
Friday’s jobs report expected to show slowing payroll gains as concern rises about broader economy
Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in…
Private payrolls grew by just 150,000 in June, less than expected
Private payroll growth edged lower in June, according to a report Wednesday from ADP that indicates a potential slowdown in…
Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting
U.S. Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the…
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