Speculative currency traders bolstered wagers for an even stronger US dollar in the leadup to President-elect Donald Trump’s return to the White House.

Federal Reserve Bank of Chicago President Austan Goolsbee said he sees continued improvement in inflation and is optimistic the central bank can tame price growth without sparking an economic downturn.

Economic activity increased “slightly to moderately” across the US in late November and December, supported by strong holiday sales, the Federal Reserve said in its Beige Book survey of regional business contacts.

Bitcoin hovered near $100,000 after notching its biggest gain of the new year on reassuring US inflation data that lifted global markets by reviving bets on further Federal Reserve interest-rate cuts.

Federal Reserve Bank of Chicago President Austan Goolsbee said the latest jobs report suggests the labor market is stabilizing at full employment and is not a sign of an overheating economy.

Federal Reserve Bank of Atlanta President Raphael Bostic said officials should be cautious with policy decisions given uneven progress on lowering inflation and err on the side of keeping interest rates elevated to achieve their price stability goals.

U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond markets and reinvigorate bets that the Federal Reserve will

Good afternoon and happy Friday, readers! We hope that you’re ready to ride out the cold snap that has forced the presidential inauguration address to be moved indoors. In today’s Daily on Energy, Maydeen,

Donald Trump is promising to put import taxes back at the center of US economic policy during his second term as US president. The country heavily taxed imports for much of its history before largely abandoning the policy,

Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.

Bitcoin appears to be back on track toward record highs with the second presidential inauguration of pro-crypto Donald Trump just days away.

The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.