Euro-Zone Inflation Dips Closer to 2% as ECB Holds Rates

Euro-area inflation eased slightly but stayed above 2%, backing the European Central Bank’s decision to keep borrowing costs ...

Fed’s Barr Sees Work to Do on Inflation, Cautions on Job Market

Federal Reserve Governor Michael Barr said policymakers still have work to do to get inflation down to the central bank’s 2% target and must be attentive to ensuring the labor market is solid.

Air France-KLM To Review Dutch Carrier’s Model as Costs Spiral

Air France-KLM said it’s under “enormous pressure” to review the business model of its Dutch KLM carrier amid soaring airport ...

Bessent Calls on Japan to Give the BOJ Space to Fight Inflation

US Treasury Secretary Scott Bessent called on Japan’s new government to give the nation’s central bank the space to combat ...
The Manhattan Mercury

With inflation under control, ECB to hold rates steady again

The European Central Bank is expected to keep interest rates unchanged for its third straight meeting Thursday with inflation ...

Should the Fed Be Paying More Attention to Inflation? At Least Three Central Bankers Think So

The Federal Reserve is letting up too soon on its war against inflation, according to an increasingly vocal contingent of Fed officials.

US Holiday Spending Projected to Exceed $1 Trillion in 2025

Holiday spending will surpass $1 trillion this year and set a record despite consumer caution, according to a forecast by the National Retail Federation.