While there are reasons to confirm Biden’s Fed nominees, economists say concern that the central bank won’t act to rein in inflation shouldn’t be among them.
The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly.
Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its...
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage...
UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank...
Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter...
Since September, the rial has suffered the ripple effects of hits to Iran's proxies, as well as the November election...