Fed Chief Jerome Powell says a March rate cut is not likely
Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed’s interest rate policy decision at the Federal Reserve in Washington,...
IMF ups global growth forecast on U.S. resilience, China policy support
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images The International Monetary Fund on...
PCE inflation December 2023:
An important inflation gauge released Friday showed that the rate of price increases cooled as 2023 came to a close. The Commerce Department’s personal consumption...
Two important events this week could determine the future of Fed rate policy
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 19, 2024. Brendan Mcdermid | Reuters Markets...
Gold weakens as robust US Retail Sales data diminishes Fed rate cut bets
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Gold price falls sharply as Fed Waller maintains a higher for longer interest-rates narrative. The last leg of high US inflation has...
Fed’s Waller Advocates for Rate Cuts Amidst Inflation Watch By Quiver Quantitative
[ad_1] © Reuters. Fed’s Waller Advocates for Rate Cuts Amidst Inflation Watch Quiver Quantitative – In a recent virtual event hosted by the Brookings Institution,...
Dollar down on day, but off lows after hotter than expected inflation By Reuters
[ad_1] © Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration By...
Stocks end little changed as earnings offset inflation data By Reuters
[ad_1] © Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024....
56 million Americans have been in credit card debt for at least a year
Americans are increasingly leaning on their credit cards. Altogether, card balances now total $1.08 trillion, according to the latest quarterly report from the Federal Reserve Bank...
Stocks Decline And Fed Rate Cuts Imperiled To Begin 2024
After stellar gains in 2023, stocks and the Magnificent 7 took a breather to start 2024. getty After stellar gains of 107% in 2023, the...