Here’s everything to expect when the Fed wraps up its meeting Wednesday
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.
Higher prices have weighed on customers in an array of industries that interact with consumers.
The employment cost index, which measures worker salaries and benefits, gained 1.2% in the first quarter.
Price rises in the 20-nation euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter.
The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic.
"For NEOM, the projects, the intended scale is continuing as planned. There is no change in scale," Saudi Economy Minister Faisal Al Ibrahim told CNBC.
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy.
The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very...
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.