European Central Bank’s Lagarde signals June cut but says future rate path uncertain
Christine Lagarde, president of the European Central Bank, at the ECB And Its Watchers conference in Frankfurt, Germany, on March…
Global Economy News, Financial Trends & Market Analysis
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Turkey opts for new tightening strategy after signaling a pause to hikes
A picture taken on August 14, 2018 shows the logo of Turkey’s Central Bank at the entrance of its headquarters…
This week provided a reminder that inflation isn’t going away anytime soon
Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesFrom consumer…
Wholesale inflation rose 0.6% in February, much more than expected
Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S.…
European Central Bank chief economist: Must ‘take our time’ on rate cuts, clearer picture due in June
The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture…
Recession-hit Britain swings to economic growth in January, helped by construction bounce
LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output…
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
People shop at the Macy’s store on Herald Square on January 19, 2024 in New York City. Michael M. Santiago |…
Consumer prices rose 0.4% in February and 3.2% from a year ago
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting…
A key inflation reading is due out Tuesday morning. Here’s what to expect
Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022.Elijah Nouvelage | AFP | Getty ImagesRising gasoline…
Long-term inflation expectations rise, spelling possible trouble for the Fed, survey shows
Customers shop at a Costco store on August 31, 2023 in Novato, California.Justin Sullivan | Getty Images News | Getty…
Trump pledges to get tough with tariffs again if elected
Proclaiming that “I’m a big believer in tariffs,” former President Donald Trump on Monday indicated he’s likely to reinstitute duties…
Saudi oil giant Aramco posts 25% fall in full-year profit
Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day…
Unemployment fell for Black women in February as more joined the labor force
A sign posted outside a restaurant looking to hire workers in Miami on May 5, 2023.Joe Raedle | Getty Images…
U.S. job growth totaled 275,000 in February but unemployment rate rose to 3.9%
Job creation topped expectations in February, but the unemployment rate moved higher and employment growth from the previous two months…
Jobs report Friday is expected to show a slowing but still healthy labor market
A workers stocks the shelves in a CVS pharmacy store on February 07, 2024 in Miami, Florida. Joe Raedle | Getty…
European Central Bank hints at June rate cut as it trims inflation forecast
The European Central Bank on Thursday lowered its annual inflation forecast, as its confirmed a widely expected hold of interest…
Layoffs rise to the highest for any February since 2009, Challenger says
More than 75 employers were taking resumes and talking to prospective new hires at a career fair in Lake Forest,…
Private payrolls rose by 140,000 in February, less than expected, ADP reports
Private sector job growth improved during February though growth was slightly less than expected, payrolls processing firm ADP reported Wednesday.Companies…
Egypt hikes interest rates by 600 basis points, pound crumbles to record low
Yousef Gamal El-Din | CNBCEgypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked…
Turkish annual inflation soars to 67% in February
The Maslak financial and business center in the Sariyer district of Istanbul.Ayhan Altun | Moment | Getty ImagesTurkish annual consumer…
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