The Latest Breaking News from Inflation

The benchmark lending rate comes down from 5.25% to 5% bringing relief to millions of borrowers

September Nasdaq 100 E-Mini futures (NQU24) are up +0.36% this morning as strong quarterly results from Meta Platforms and dovish comments from Federal Reserve Chair Jerome Powell boosted sentiment, while investors awaited a new round of U.S. economic data and earnings reports.

The Bank of England announces its latest interest-rate decision Thursday, with analysts split on whether it will cut for the first time since the Covid pandemic after inflation's retreat.

Any potential buyers for the airline would need to make a massive investment in new planes, and the latest Closing the Gap report is deeply concerning for First Nations peoples.

The main indexes notched impressive gains Wednesday on solid earnings and signs the Fed could start cutting rates as soon as September.

These retirement concerns scare many about their future.

The Federal Reserve left interest rates unchanged but signaled it could pivot to lowering borrowing costs sooner rather than later.

The dollar index (DXY00 ) Wednesday fell by -0.50% and posted a 1-1/2 week low. The dollar retreated Wednesday as the yen soared to a 4-1/2 month high against the dollar after the BOJ unexpectedly raised its benchmark interest rate. The dollar was also under pressure from a sharp rally...

Chair Jay Powell says central bank ‘getting closer to the point’ of possible rate cut – ‘but we’re not quite there yet’