Inflation is likely to rise sharply through the rest of the year, the Federal Reserve's latest forecast indicates, due to the aftereffects of U.S. trade wars. But not for long. The bank upped its ...
Fed officials increased their forecast of inflation for 2025, putting it further from the bank’s target of 2%. The median forecast in the bank’s latest Summary of Economic Projects is for the personal ...
Economists at Goldman Sachs Group Inc. boosted their forecasts for US inflation this year and next, in part to account for a weaker dollar following the Trump administration’s tariff announcements. A ...
UK economic growth forecasts have been slashed in half for this year as inflation increases more sharply, according to the fiscal watchdog. The Government’s official forecaster has also warned that ...
The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of inflation coming in the next few months as a result of higher tariffs. In an updated ...
Recent economic performance prompts investment firms to adjust central bank predictions. Inflation has been around since the days of Alexander the Great, and it’s not showing any signs of going away.
Kalshi's markets aggregate information from diverse traders with financial incentives, creating a "wisdom of the crowd" effect.
MEXICO CITY (Reuters) -The Bank of Mexico on Wednesday cut its growth forecast for Mexico's economy to near zero and raised its short-term inflation forecasts as Latin America's second-largest economy ...
End-2026 inflation forecast left at 12%, end-2027 at 8% Central bank governor Karahan: Inflation risks currently upward Last month, bank hiked key rate to 46% in surprise move Hike followed market ...
Despite a partial rebound the past two trading days, the U.S. stock market is down sharply from its record high in mid-February and could use a shot in the arm. Don’t expect the Federal Reserve to ...
Yet Powell says not to take Fed forecasts too seriously because of tariff uncertainty The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of ...