The Latest Breaking News from Inflation

Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech Friday in Jackson Hole, Wyoming

“The time has come for policy to adjust,” Powell said in his Jackson Hole speech on Friday.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.74%. US stocks today are moderately higher ahead of a much-anticipated speech by Fed Chair...

The yen also advanced after the head of Japan's central bank told lawmakers that officials could hike interest rates again if the economy and inflation perform as expected, weeks after a surprise increase caused turmoil on markets.

With the Federal Reserve considered certain to start cutting its benchmark interest rate next month, Chair Jerome Powell’s highly anticipated speech Friday morning at an economic conference will be closely watched for any hints about how many additional rate cuts might be in the pipeline

The legislature of Mexico City has approved the most ambitious rent control law since the 1940s, which will limit increases to the inflation rate each year

US Federal Reserve chair Jerome Powell is widely expected to use a keynote speech at a major central banking conference on Friday to signal support for cutting interest rates ahead of next month's rate decision.

Harris' signature housing policy calls for up to $25,000 in federal down payment assistance for first-time homebuyers who have paid their rent on time

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