(Bloomberg) -- US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, ...
Federal Reserve Chair Jerome Powell has stated the Federal Reserve's goal is to reduce inflation to an annualized rate of 2%.
Price increases in the US moderated last month but not as much as expected, as higher housing and food costs offset a decline in petrol prices. Annual inflation, the pace at which prices rise ...
The US economy grew by less than forecast in the first three months of this year but inflation gathered pace, which could delay an interest rate cut. Official figures revealed the economy expanded ...
President-elect Donald Trump has made tougher immigration enforcement a key campaign promise in each of his White House bids.
Personal saving was $1.04 trillion in the third-quarter, down slightly from $1.13 trillion in the second-quarter, while the ...
The U.S. economy grew at a 2.8% annual rate in the third quarter, according to Commerce Department data released Wednesday.
WASHINGTON — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2 percent target will likely remain a ...
which offset a 1.9% drop in energy prices. The September data marks the final inflation reading before the US presidential election scheduled for November 5.
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and ...