US inflation rises slightly but core prices weaker than expected January 15, 2025 US inflation rose at a slightly weaker pace than expected last month, but it is unlikely to be enough to prompt the Federal Reserve into cutting interest rates in the near future. The latest figures from the Bureau of Labor Statistics showed that the headline rate picked up to 2.9 per cent in December, up [...]
Pound sterling suffers as traders pare bets on Fed rate cuts January 13, 2025 The sell-off comes after a bruising week for UK assets last week, with sterling falling over three per cent and gilt yields picking up to the highest levels in decades.
Fed cuts rates by 25 basis points just days after Donald Trump’s victory November 7, 2024 The decision, the second in the cutting cycle, was widely anticipated by markets and means the federal funds rate stands in a range of 4.50-4.75 per cent.
US and European interest rate cuts hang in the balance ahead of crunch week October 27, 2024 Key economic figures in the US and Europe are set to give investors clues on how much further both regions' central banks could go in cutting interest rates this year.
US inflation comes in above expectations following hot jobs report October 10, 2024 US inflation came in slightly above expectations in September, bolstering the case for a slower pace of rate cuts over the coming months. Figures from the Bureau of Labor Statistics showed that the headline rate of inflation fell to 2.4 per cent in September, down from 2.5 per cent last month but slightly ahead of [...]
US inflation to take centre stage after bumper jobs report October 6, 2024 Economists expect the headline rate to fall to 2.3 per cent from 2.5 per cent, which would leave inflation at its lowest level since February 2021.
US Fed’s preferred inflation metric set to validate jumbo rate cut September 22, 2024 Crucial US inflation data is poised to back up the Federal Reserve's jumbo interest rate cut as investors question where other central banks will follow in its footsteps.
Fed lowers interest rates by 50 basis points in first cut since 2020 September 18, 2024 Today's rate decision was the most uncertain in years, with investors torn in the run-up to the decision about whether the Fed would cut rates by 25 or 50 basis points.
US retail sales rise ahead of Fed’s interest rate decision September 17, 2024 July's figures were also revised up to show a 1.1 per cent gain having previously been estimated at 1.0 per cent increase.
US inflation falls to lowest level since February 2021 as Fed prepares to cut interest rates September 11, 2024 US inflation fell to its lowest level since February 2021 in August, new figures show, but core prices rose faster than anticipated. Figures from the Bureau of Labor Statistics showed that inflation fell to 2.5 per cent in August, down from 2.9 per cent the month before and in line with expectations. Prices increased 0.2 per [...]