Economists now, on average, predict inflation will be 2.6 per cent this year, up from 2.2 per cent before the election, according to forecast aggregator Consensus Economics, due to the risk that Trump’s biggest policy pledges on immigration, tariffs and tax cuts, and cutting red tape could raise the cost of living.
Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. Central banks around the world are expected to lower borrowing costs as global inflation eases from the multi ...
And almost as expensive due to years of cash flowing in to escape the inflation in neighbouring countries such as Argentina. What’s nicer than an ocean-view apartment to preserve your wealth in real terms?
ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory
After experience of Biden administration, fighting price rises likely to be political priority over targeting economic growth
Yields down, stocks up. After government bonds sold off sharply the week before, buyers were back after favourable inflation prints calmed investors’ nerves in the US and UK in the past week. As far as returning to normal it might be as close as we are going to get for some time.
Today, many countries hold significant amounts of gold in their reserves. Why? This precious metal is often seen as a safe investment, especially in times of economic uncertainty. Central banks store gold to back their currency and ensure financial stability.
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target. Meanwhile, investor expectations of inflation one and two y
The US Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
Learn how Fed meetings affect mortgage rates and what it means for borrowers. Discover trends, impacts, and expert predictions on mortgage rates.