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 ...
U.S. retail sales drop by most in two years amid fires, storms
US retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a ...
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Is the door still open for a renewed bull run?
A few weeks ago many avid market watchers expected the bull run to continue well into 2025 but now they’re not so certain.
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 ...
Honolulu Star-Advertiser18h
U.S. retail sales see biggest drop in nearly two years
WASHINGTON >> U.S. retail sales dropped by the most in nearly two years in January, likely weighed down by frigid temperatures, wildfires and motor vehicle shortages, suggesting a sharp slowdown in ...
Here's a potential winner from the Trump tariffs: American tourists traveling abroad
The U.S. dollar is expected to strengthen further in 2025 due to President Donald Trump’s tariff policy. Overseas travelers ...
Why the U.S. stock market may continue to hold up even as inflation rises again
Investors typically expect rising long-term rates to put pressure on stocks, especially when inflation spikes, but the S&P 500 SPX was up slightly for one week through Thursday, up 4.1% for 2025 and ...
Berkshire Eagle20hOpinion
Spike in inflation sinks hopes for further rate cuts
With no help from the Fed in the form of rate cuts, where does that leave the markets? Waiting for Donald Trump's tariff ...
Week Ahead for FX, Bonds: Fed Minutes, PMI Data in Focus; RBA Likely to Cut Rates
The PBOC reiterated its commitment to monetary easing in its latest quarterly report, but also pledged to keep supporting the yuan as trade frictions weigh on the currency. That aim could limit room ...
Trump's reciprocal tariffs would hit these European Union products that Americans buy the hardest
Over $600 billion in European goods were imported by the U.S. last year. New tariffs from President Trump will likely hit these popular categories the hardest.