U.S. job growth totaled 275,000
Job creation topped expectations in February, but the unemployment rate moved higher and employment growth from the previous two months wasn’t nearly as hot as...
Jerome Powell testimony: More evidence needed on tamed inflation
WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but said it...
Mounting U.S. rate cut bets push gold to record highs
Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea, on Oct. 13, 2023. SeongJoon Cho | Bloomberg | Getty Images Gold...
True inflation may have peaked in late 2022 — at 18% — and still hovers around 8%
“Consumer borrowing costs in the U.S. have skyrocketed, but the CPI doesn’t count this. ” There are widely divergent perspectives between Wall Street, where exuberance...
Dollar bounces before inflation data, bitcoin hits two-year high By Reuters
[ad_1] © Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Karen Brettell NEW YORK...
Asia FX muted ahead of US inflation, yen surges on BOJ hawk talk By Investing.com
[ad_1] © Reuters Investing.com– Most Asian currencies moved little on Thursday and the dollar steadied ahead of key U.S. inflation data, while the yen strengthened...
Dollar gains in choppy trading, inflation meets expectations By Reuters
[ad_1] © Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Karen...
Equities gain on in-line US inflation, Treasury yields dip By Reuters
[ad_1] © Reuters. FILE PHOTO: An electronic screen displaying Japan’s Nikkei share average and stock prices is seen through a car as the share average...
January PCE inflation report could get a lot of market attention on Thursday
With markets on edge over the direction of inflation , a report Thursday that often flies under the economic radar is likely to take on...
US stock futures fall on pressure from inflation jitters, Fed comments By Investing.com
[ad_1] © Reuters. Investing.com– U.S. stock index futures fell in evening deals on Wednesday, extending a decline in Wall Street as uncertainty over an upcoming...