Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Many on Wall Street feel investors could see no rate cuts in 2025. Worried investors concerned about sticky inflation should look to high-yield dividend shares in the energy, healthcare ...
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and ...
Wall Street has been lurching down and up for weeks ... but it could also give inflation more fuel. Traders were ebullient last year about the possibility of a string of cuts to rates, when ...
The US financial markets have recovered somewhat after being decimated by the emergence of a new Chinese AI app, and today's ...
According to data from the U.S. Congressional Budget Office, the federal government is staring down a $1.9 trillion deficit ...
Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate ...
As widely expected, Federal Reserve officials kept the fed-funds rate target unchanged at between 4.25% and 4.5%. They said that inflation remains elevated and economic activity has continued to ...
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