While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage ...

The ASX is poised to open marginally higher when trading resumes on Tuesday, though investors remain wary as they await data ...

During his address, Trump tells business leaders that he wants to reverse inflation, and cut taxes. Watch this report for more details! Novak Djokovic on boos after Australian Open exit ...

SINGAPORE – Singapore’s core inflation extended its decline in December 2024 as the cost of services moderated, though the gauge came in above analysts’ expectations. Core inflation ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. It's no secret that everything from groceries and gas, to airline tickets and rent is more expensive ...

UK pay after inflation has risen at its fastest rate for more than three years, driven by strong wage growth in the private sector. Pay packets increased on average by 3.4% between September and ...

The Federal Reserve is technically the government body tasked with keeping inflation at a roughly 2% annual target. Its usual levers are setting short-term rates for banks lending to each other ...

Latest figures show that UK inflation dropped last month, potentially affecting the Bank of England's interest rate decision next month. The Consumer Prices Index (CPI) rate fell from 2.6 per cent ...

It is used to measure inflation and indicates the cost of living for consumers. CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking ...

As US markets opened on 15 January, the S&P 500 soared by 130 points on positive inflation data ... manufactures safety devices such as TASERs, body-worn cameras, and digital evidence management ...

Barclays’ Jack Meaning added that the air fares numbers “exacerbated the softness” of the UK’s overall inflation reading, which eased from 2.6% to 2.5%, “suggesting this category could ...

Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...