The inflation rate is also important in determining the “real” cost of debt. If the interest rate on a loan is 10% and the ...
The slight drop last month in the overall rate of inflation to 2.5% was driven by changes in the cost of transport, household furniture and live entertainment, offset by prices rising for certain ...
Wednesday's data release is nevertheless expected to fuel expectations that the Fed will pause rate cuts later this month, as ...
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest ...