Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is ...
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The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
Stocks wavered–while bond yields rose across the board definitively–ahead of tomorrow’s inflation report. The Dow Jones Industrial Average was up 123 points or 0.3% while the S&P 500 was flat and the ...
However, base effects seem likely to send year-on-year total and core CPI inflation rates lower in this week’s forthcoming CPI report, which could provide financial markets with much-needed ...
I believe that we are going to get back to 2%." The 10-year breakeven inflation rate, for example, stood at 2.42% as of Thursday, near its highest levels of the year but inside a range that has ...
FEDERAL RESERVE HOLDS INTEREST RATES STEADY AMID INFLATION UNCERTAINTY Headline PCE showed prices for goods were flat in December, while prices for services rose by 3.8% from a year ago.