NAB has joined the other big four banks in forecasting a 0.25% February rate cut, after the December consumer price index showed a drop in underlying inflation to 3.2%.
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
National Australia Bank (NAB) has joined its three major competitors in bringing forward its forecasts for the first interest ...
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
According to the Australian Bureau of Statistics (ABS), the country’s consumer price index (CPI) rose by 0.2% in the December 2024 quarter, lowering annual inflation to 2.4%. Falling fuel and ...
The non-partisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
Social Security benefits received a 2.5% cost-of-living adjustment (COLA) in 2025, but for many retirees, this is not enough ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
Australia's CPI inflation slows to 2.4% YoY in Q4 2024, driven by government rebates. Click here to find out what investors ...
Gallup’s annual Economy and Personal Finance poll found that, in 2024, respondents named inflation as the most important ...
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...