The Federal Reserve's annual Jackson Hole symposium, taking place in the picturesque mountains of Wyoming, is set to be a focal point for financial markets this week. Investors and economists are particularly eager to hear from Federal Reserve Chair Jerome Powell during his keyno ...

In July, inflation in the United States fell below 3% for the first time since March 2021, according to the latest Consumer Price Index (CPI) report released by the Bureau of Labor Statistics. The CPI's drop to 2.9% over the past 12 months signals a significant milestone, setting ...

In a surprising development, the UK's inflation rate increased to 2.2% in July, coming in below the forecasts made by the Bank of England (BOE) and leading economists. This slight increase, while still higher than previous months, has brought some relief to policymakers who had b ...

The Core Consumer Price Index (CPI) is expected to reflect a modest increase in July, continuing the trend of subdued inflation, signaling the ongoing disinflationary pattern observed in recent months. Financial analysts from Nomura and Morgan Stanley predict that core inflation ...

The US Federal Reserve's decision tonight is eagerly anticipated, with key economic indicators suggesting mixed signals. A lower-than-expected decline in the US consumer price index, which fell 0.1% in June against Dow Jones estimates of a 0.1% increase, and an annual inflation r ...

The Bank of England (BOE) is urges financial institutions to adapt to a new cash management regime as it reduces excess liquidity in the market. Vicky Saporta, the BOE’s Executive Director for Markets, emphasized the shift from buying assets in exchange for cash-like reserves t ...

The year 2024 has been challenging for economic forecasters and monetary policymakers. Despite significant progress in 2023 towards the Federal Open Market Committee's (FOMC) price-stability goal, inflation surged in the first quarter of 2024. Meanwhile, the labor market and econ ...

In a notable shift, U.S. inflation slowed down in June, according to the latest data from the Bureau of Labor Statistics. The Consumer Price Index (CPI) revealed a 0.1% decrease from the previous month and a 3% increase compared to the same month last year. This represents a decl ...

The Federal Reserve remains steadfast in our dual mandate to promote maximum employment and stable prices for the benefit of the American people. Over the past two years, the economy has made significant progress towards our 2 percent inflation goal, with labor market conditions ...

The Federal Reserve Bank of New York’s Center for Microeconomic Data released its June 2024 Survey of Consumer Expectations, revealing a decline in inflation expectations for both short-term and long-term horizons, though a slight increase for the medium-term. Additionally, exp ...