Why the Fed may not cut in September

Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, July 9, 2024.Bloomberg | Bloomberg | Getty ImagesMarkets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a...

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CPI inflation report June 2024:

The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for the Federal Reserve to start lowering interest rates later this year.The consumer price index, a broad measure of costs for goods and services across the U.S. economy, declined 0.1%...

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UK economic growth May 2024

City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also...

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June CPI inflation report preview

An Aldi supermarket in Alhambra, California, US, on Thursday, June 27, 2024. Eric Thayer | Bloomberg | Getty ImagesA widely-anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming months.The consumer price index (CPI) report for June is due out at 8:30...

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Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Federal Reserve Chair Jerome Powell speaks during a House Financial Services Committee hearing on the "Federal Reserve's Semi-Annual Monetary Policy Report" on Capitol Hill in Washington, U.S., March 6, 2024. Bonnie Cash | ReutersFederal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too...

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Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups

Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty ImagesThe unemployment rate for women in the white, Black and Hispanic racial groups rose in June in line with the overall trend, according to...

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