ISTANBUL: The US Federal Reserve is getting closer to an interest rate cut as inflation is slowing, Fed Governor Christopher Waller said Wednesday.
“In the second quarter, data on inflation and the labor market moderated in a way that suggests progre…
ISTANBUL: The US Federal Reserve is expected to cut interest rates in December, following an anticipated reduction in September, with the European Central Bank (ECB) likely to follow suit during the same period.
Meanwhile, the possibility of Donald T…
ANKARA: The eurozone’s annual consumer inflation rate in June eased to 2.5% as initially estimated, according to a second reading released on Wednesday.
The figure was down from 2.6% in May, Eurostat data showed.
Core inflation, excluding volatile f…