Fed Seen Sticking With Three 2024 Cuts Despite Higher Inflation
A recent pickup in inflation isn’t likely to shift Federal Reserve policymakers’ forecasts for three interest-rate cuts this year and four in 2025, according to...
GDP bedamned – stocks seem to have life of their own: McGeever By Reuters
[ad_1] © Reuters. FILE PHOTO: A visitor using his smartphone takes photos of an electronic screen displaying Japan’s Nikkei share average, which surged past an...
S&P expects US real GDP growth of 2.4% in 2024 By Reuters
[ad_1] © Reuters. A general view of the Port of Los Angeles, California November 29, 2012. REUTERS/Lori Shepler/File Photo (Reuters) – Ratings agency S&P Global...
Asian stocks hit by rate-cut uncertainty, middling China GDP; Nikkei rises By Investing.com
[ad_1] © Reuters. Investing.com– Most Asian stocks fell on Wednesday as Federal Reserve officials downplayed expectations for early interest rate cuts, while economic growth figures...
Dollar slips lower after mixed CPI data; sterling helped by GDP growth By Investing.com
[ad_1] © Reuters. Investing.com – The U.S. dollar steadied in early European trade Friday, as investors digested mixed U.S. consumer inflation data and the potential...
Inflation Report to Show Fed’s Battle Is Now All But Complete
The US inflation outlook was already steadily improving in recent months, but last week, right in the middle of the Federal Reserve’s two-day policy meeting,...
Gold climbs higher on dollar dip, Fed pause bets
Ingots of 99.99 percent pure gold are placed in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of...
Fed’s Powell faces ‘what, me worry?’ moment of spiking bond yields, war, political stalemate
WASHINGTON, Oct 16 (Reuters) – Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their...
Fed’s long-term GDP outlook is dismal; the economy hasn’t got the message yet
WASHINGTON, Aug 21 (Reuters) – After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a reckoning at...
China can no longer ‘extend and pretend’ on municipal debt
Chinese leaders promise “basket of measures” to fix local debt Latest Politburo stance suggests Beijing may be ready to step in Extent of Beijing’s involvement...