Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.
Inflation is now well below the 40-year ... taking interest rates to a two-decade high in July 2023, where officials kept rates for more than a year. Critics slammed both the Fed and Powell.
The Federal Reserve is expected to cut interest rates for a 3rd straight meeting despite a recent inflation pick-up and solid economy and job market.
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal ...
Op-ed views and opinions expressed are solely those of the author. The Federal Reserve’s Open Market Committee will meet again this week to determine what the Federal […] ...
Nigeria’s headline inflation rose to 34.60% in November 2024 reflecting a further surge in the costs of goods and services ...