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Inflation ticker higher in February as consumer spending soared

Inflation rose for the second consecutive month in February, according to new federal data released Friday. Personal Consumption Expenditures (PCE) Price Index, Inflation, the Fed’s preferred method of measuring inflation, rose 0.3% in February. The annual inflation rate rose to 2.4% in February, up 0.1 percentage point from January. “Core” inflation, which excludes volatile food […]

Fed Sees Interest Rates Staying Higher For Longer to Fight Inflation

Federal Reserve officials said Wednesday that the economy needs higher interest rates than previously thought to curb inflation. Fed officials still believe they will approve three rate cuts this year, but they have scaled back their expectations for rate cuts in coming years and slightly raised their expectations for the benchmark policy rate over the […]

Intermittent fasting tied to a higher risk of cardiovascular death, research shows 

Intermittent fasting – a diet that alternates between periods of voluntary fasting and periods of non-fasting – may be associated with an increased risk of death from cardiovascular disease, according to a new analysis. analysis, The paper, first presented Monday at the American Heart Association’s Scientific Sessions in Chicago, found that people who restrict their […]

USD/JPY settles slightly higher after BOJ policy decision – ForexLive

USD/JPY 1 minute chart of sell the facts It looks like the game is starting to move, but I think traders have already spent a week preparing for it. There were so many reports that the Bank of Japan was ending negative interest rates and abolishing its yield curve control policy that the recent announcement […]

European stocks slightly higher as markets look ahead to Fed meeting – CNBC

1 hour ago BIS says central bank has made ‘significant progress’ in cutting interest rates An eagle stands atop the facade of the Federal Reserve Building in Washington, D.C., July 31, 2013. Reuters/Jonathan Ernst/ Jonathan Ernst | Reuters The US Federal Reserve (Fed) and the European Central Bank (ECB) appear poised to make “significant progress” […]