NAB has joined the other big four banks in forecasting a 0.25% February rate cut, after the December consumer price index showed a drop in underlying inflation to 3.2%.
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
National Australia Bank (NAB) has joined its three major competitors in bringing forward its forecasts for the first interest ...
With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's ...
By Hiran H.Senewiratne The latest projections have indicated deeper deflation than previously projected, mainly due to the ...
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
The non-partisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
WASHINGTON -- The US Federal Reserve on Wednesday left the target range for the federal funds rate unchanged at 4.25 percent ...
Boeing Co, Northrop Grumman Corporation, Lockheed Martin Corporation, MetLife Inc. Read Albert Anthony's latest article on ...
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...