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Likewise, a steeper drop in transport costs also helped drive inflation down, with the transport index falling 2.1 percent year-on-year from a 1.1 percent decline in the previous month. Meanwhile, the ...
House Speaker Martin Romualdez says the inflation rate plunge under the Marcos administration ... Romualdez, the Lakas-Christian Muslim Democrats (Lakas-CMD) president, said the Inflation decline last ...
The Federal Reserve has defied weeks of pressure from Donald Trump and declined to cut interest rates while the impact of his ...
The May 5-8 Reuters poll of 43 economists suggested inflation as measured by the annual change in the consumer price index ...
WASHINGTON (Reuters) -U.S. worker productivity dropped in the first quarter for the first time in nearly three years, ...
Traders on money markets expect interest rates to be cut from 4.5pc to 4.25pc, which would be the second reduction this year.
President Donald Trump’s volatile trade war threatens both higher inflation and rising unemployment, forcing the Federal Reserve to make the difficult choice of addressing just one of those problems ...
Consumer-price inflation in the eurozone remained just above the European Central Bank’s target in April, teeing up more interest-rate cuts as policymakers anticipate a hit to growth from higher ...
The Federal Reserve said Wednesday it will hold interest rates steady as the US economy begins to show the effects of President Donald Trump’s haphazard trade war.
The decision surprised financial markets, which had widely anticipated rates would remain unchanged due to persistent inflation concerns. The rate cut follows encouraging economic indicators that ...
Fed chair Jerome Powell noted that surveys of households and businesses had reported a “sharp decline in sentiment and ...
Gold hit almost $3,300 a troy ounce on Monday, after falling last week, ahead of the Fed's next decision on interest rates, ...