Uruguay Hikes Key Rate to 8.75%, Flags Risk to Inflation Outlook
Uruguay’s central bank surprised markets with a quarter-point interest rate hike Monday, citing an uptick in underlying ...
Mexico’s Inflation Ticks Down, Backing Gradual Pace of Interest Rate Cuts
Mexico’s annual inflation slowed slightly less than expected in early December as services prices remained pressured, ...
Sri Lanka's inflation rate drops to minus 1.7% in November
Sri Lanka's consumer price inflation dropped to minus 1.7% year-on-year in November after easing to minus 0.7% in October, ...
Russia's central bank holds off on interest rate hike amid friction between inflation, war spending
Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...
Key Fed inflation measure shows 2.4% rate in November, lower than expected
Prices barely moved in November but still held higher than the Federal Reserve’s target when looked at from a year ago, ...
Brazil Analysts See Key Rate at 15% in June, More Inflation
Brazil economists raised their forecasts for inflation and borrowing costs in 2025 after central bankers reinforced their ...
Fed’s Preferred Inflation Metric Better Than Expected As Wavering Over Interest Rate Cuts Spooks Markets
The report comes two days after the Federal Reserve moved up its 2025 inflation projection and moved down its 2025 rate cut ...
Dollar poised to finish week higher after inflation data, Fed rate cut
The U.S. dollar pulled back from a two-year high on Friday, but was heading for its third-straight week of gains, with data ...
How sticky inflation and Fed rate cuts impact Americans' wallets
CBS News MoneyWatch correspondent Kelly O'Grady looks back on the biggest economic and business stories of the year.
Turkey’s central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...
Will Sticky Inflation Stop The Fed Rate Cut?
Higher inflation and a resilient economy have some wondering if the Fed will cut rates this week. This week will be full of ...
Turkey's Central Bank surprises markets with sharp rate cut as inflation eases
The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it down to 47.5%. The move exceeded economists' forecasts of a 150-basis-point ...