News

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

Rate cut watch: All eyes on Fed Chair Powell's final Jackson Hole speech

As Federal Reserve officials gather in Jackson Hole, Wyo., this week for their 43rd annual economic policy symposium, Federal ...

Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok

CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve ...

Inflation Report Boosts Prospect of Fed Rate Cut in September

With the job market faltering and consumer prices not surging as expected, investors increasingly believe the Federal Reserve ...

Japan's July inflation rate likely eased but remained above BOJ target: Reuters poll

Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...

Inflation rate rose by 2.7% in July, CPI report shows

Food prices rose 2.7% on an annual basis last month, the same as the overall inflation rate. Items that have seen big cost ...

Bets on Fed Rate Cuts Lead to Steeper Yield Curve

The gap between shorter- and longer-dated U.S. borrowing costs is widening, reflecting investors’ conviction that the Federal ...

Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play

A key measure of consumer prices in July posted the biggest increase in six months, suggesting inflation is showing some ...