Surging inflation fears sent markets tumbling and Fed officials scrambling
The early data is in for the path of inflation during the first three months of 2024, and the news so far is not good.
The early data is in for the path of inflation during the first three months of 2024, and the news so far is not good.
The iconic shoe is getting a lift from Beyoncé's latest album.
The head of the world's largest money manager said it's unlikely the central bank will hit its 2% goal anytime soon.
Taken together, Dimon said the three issues pose substantial unknowns.
The U.K. economy fell into a recession last year but showed slight growth in January.
The euro zone's central bank held interest rates steady for a fifth straight meeting.
The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.
March's consumer price index release Wednesday helped verify worries that inflation is proving stickier than thought.
The consumer price index in March was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.