Powell Says Fed Won’t Wait Until Inflation Falls to 2% Before Aggressively Cutting Rates

Powell says Fed won’t wait until inflation falls to 2% before cutting rates Federal Reserve Chairman Jerome Powell said Monday that the central bank will not wait until inflation hits…

IMF sees ‘bumps’ on the road to lower inflation

IMF sees ‘bumps’ on the road to lower inflation The International Monetary Fund warned Tuesday that upside risks to inflation have increased, casting doubt on the prospect of multiple interest…

UK inflation, May 2024

UK inflation, May 2024 Alexander Spatari | Moment | Getty Images UK inflation held steady at the Bank of England’s 2% target in June, official data from National Statistics showed…