The US is making “considerable progress” in bringing down inflation, which is especially notable given the labor market remains strong, Treasury Secretary Janet Yellen...
Andrew Bailey has warned markets against underestimating the persistence of UK inflation and stressed he expected the Bank of England would keep interest rates...
Banks reduced their borrowings from two Federal Reserve backstop lending facilities in the most recent week, a sign that liquidity demand may be stabilizing.
US...
President Biden's clean-energy law will cost roughly $1.2 trillion, a figure three times more than what supporters initially claimed.
The Inflation Reduction Act was passed...
