Inflation rose right before the election, posing challenges for Trump
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the previous month.
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What Elon Musk and Vivek Ramaswamy could abolish in the name of government efficiency
That monetary policy focus comes as Trump has sent mixed signals for years on whether he would aim to fire or demote Fed Chair Jerome Powell. Powell himself laid down a marker Thursday that he won't ...
BusinessWorld12h
Yields on BSP’s term deposits inch lower after Fed rate cut
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits went down on Wednesday after the US Federal Reserve delivered another rate cut last week. The BSP’s term deposit facility (TDF) attracted ...
Inflation Ticks Up Slightly
The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report ...
Political Attacks Weaken Central Banks’ Inflation Mission, Former ECB Official Says — Interview
Paramo said criticism from political leaders can undermine central bank efforts to tame inflation even if they stop short of ...