Based on Nomura’s projections, the US core personal consumption expenditure (PCE) inflation could rise above 3% by the fourth quarter, which would make it harder for the Fed to justify early rate cuts ...

WASHINGTON: US President Donald Trump said on Thursday (Jun 12) he would not dismiss Federal Reserve Chair Jerome Powell, but ...

Evidence is accumulating that inflation, despite tariffs, has been milder than feared, while the labor market might be ...

Asia shares have opened lower while oil prices surged after Israel attacked Iran’s capital early Friday amid tensions over Tehran’s rapidly advancing nuclear program.