Fed’s favoured inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
Brazil's jobless rate hits lowest yearly average ever in 2024
Brazil's jobless rate came in slightly above market expectations in the final quarter of 2024 but reached its lowest yearly ...
What is 'GDP Growth Target'
GDP growth target is the expected rate of increase for a country's Gross Domestic Product (GDP). Governments and central banks set this target for a specific period. It is part of broader economic ...
Wall St advances on Apple gains, in-line inflation reading
Wall Street's main indexes rose on Friday, driven by gains in Apple following its strong sales forecast and a reading of the ...
What is 'Inflation Targeting'
Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, ...
Ghana president nominates Johnson Asiamah as next central bank governor
Ghana's President John Dramani Mahama has nominated Johnson Asiamah as the West African country's next central bank governor pending approval by the Council of State, the presidency said on Friday.
ECB should use bond buys more sparingly in future, Knot says
The European Central Bank should use bond purchases more sparingly in the future given costly side effects, Dutch central ...
Traders Bet Fed's Next Rate Cut Will Wait Until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fed’s Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
With Trump, Ukraine renews appeal to seize Russia’s frozen billions
With U.S. military aid to Ukraine in doubt, Zelensky hopes to convince Trump to get the Europeans on side for confiscating ...