The Latest Breaking News from Inflation

Stocks close at record highs following the first Fed rate cut in more than four years.

Bank of England likely to maintain interest rates amid UK inflation concerns. US Federal Reserve cuts rates.

‘With crime at record levels, with terrorists and criminals pouring in, and with inflation eating your hearts out, vote for Donald Trump,’ Republican nominee pleads

The university sector in Aotearoa New Zealand is at a tipping point due to chronic underfunding, shifting enrolments and increasing costs from inflation. In response, the government has established two working groups to assess the health of the sector and provide recommendations for the future.

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the first time the cost of borrowing has been lowered in four years.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down by -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.45%. Stocks on Wednesday gave up mid-session gains and turned lower as...

Vice President Kamala Harris supports the Federal Reserve's rate cut to address inflation and pledges to reduce costs for consumers through tax cuts and an...

Central bank makes cuts after holding rates at two-decade high in aggressive bid to cool inflation

President Biden emphasizes the positive impact of declining inflation and interest rates on the post-Covid economic recovery.