The headline inflation rate could be ‘momentous,’ but markets remain divided on the chance of a June cut and services will be the one to watch.
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.
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...