A measure of wholesale prices unexpectedly declined in May, adding further evidence that inflation is retreating. O producer price index, an indicator of the prices producers...
Excluding food, energy and commercial services, the PPI was unchanged, compared to expectations for a 0.3% increase. On an annual basis, the PPI of all items...
Too soon to tell if Fed policy is ‘sufficiently restrictive,’ Powell says The Federal Reserve’s restrictive stance on monetary policy is having the effect on inflation...
3 minutes ago Fed needs more “good data” on inflation, says Powell This year’s inflation data has not yet given the Federal Reserve “greater confidence” that...
Job growth in May was surprisingly strong, allaying lingering fears of a broader economic slowdown and likely slowing the Federal Reserve’s rate cut schedule. The US...
The US economy created many more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve’s...
The world is mired in $315 billion in debt, according to a report from the Institute of International Finance. This wave of global debt has been...
“This increase marks the second consecutive quarterly increase and was driven primarily by emerging markets, where debt reached an unprecedented high of more than $105 billion...
A view shows the US Capitol in Washington, USA, May 9, 2024. Kaylee Greenlee Beal | Reuters Public debt, which has increased by almost 50% since...
A view shows the US Capitol in Washington, USA, May 9, 2024. Kaylee Greenlee Beal | Reuters Concern over such staggering numbers was largely limited to...
