Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
Egg prices are surging again. Why Powell and the Fed’s grip on inflation may be slipping.
The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
Inflation uptick and tariff fallout cooling expectations of more cuts from Fed
Economists were already scaling back predictions of multiple Federal Reserve interest rate cuts this year after data ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
Dollar on track for weekly loss against euro as tariffs delayed
The dollar was on track for a weekly loss against the euro on Friday as a delay in the introduction of trade tariffs planned by U.S. President Donald Trump raised hopes that they may not be as bad as ...
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US retail sales plunged along with temperatures in January after a bustling holiday season
U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at ...
Stock market today: Wall Street finishes a winning week just shy of a record
Airbnb climbed 14.4% after reporting stronger profit for the latest quarter than analysts expected as customers booked more ...
Stock market ends narrowly mixed. Trump's tariff delay edges out hot inflation, weak sales
U.S. stocks were little changed at the open after January retail sales fell sharply. Indexes on track for up week, with Dow and S&P 500 near records.