Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
Fed Chair Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending 2025 ...
The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
THE stock market plunged below 6,000 on Friday and the peso also succumbed as investors digested the country's below-target economic growth and worried over the pace of interest rate cuts.
Oil prices rose on Friday as markets weighed the threat of tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest crude exporters to the U.S., that could take effect this weekend ...