How CD interest rates could be impacted by the inflation rise
High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.
Inflation leaped 3% in January. Here's what it means for Fed rate cuts
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s report on consumer price increases almost certainly will lead Fed officials to hold the rate steady again at a mid-March meeting.
Georgia’s January inflation reaches 2.4% in EU methodology
The National Statistics Office of Georgia on Tuesday said domestic inflation for January, calculated using the European Union methodology, had stood at 2.4 percent - 0.4 percent higher than the two percent inflation calculated using the national approach.
Spain's EU-harmonised 12-month inflation rises to 2.9% in January
Spain's European Union-harmonised 12-month inflation rate rose to 2.9% in January from 2.8% in the period through December, final data released by the National Statistics Institute, or INE, showed on Friday.
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting the stage for a year of halting progress in the battle to slow consumer price increases as President Donald Trump rolls out myriad import tariffs.
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Current Inflation Report: February 2025
The inflation rate remained above 3% in early 2024. Since early 2022, inflation has been the Federal Reserve’s primary economic challenge. To address this, the Federal Open Market Committee ...
6 Things All Retirees Need to Know About Social Security COLAs
Tens of millions of Americans rely on Social Security benefits for a substantial portion of their retirement income. Not only ...
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Recasting the interest rate, exchange rate and inflation narrative
Many tend to believe that Bangladesh’s economy has gone into a long pause and the way forward remains unclear. Avoiding this fate and creating a different trajectory for the non-discriminatory model o ...