December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The Federal Reserve's key inflation rate is still elevated but kept up its two-month streak of good readings. S&P 500 futures ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Gold prices rose to hit a lifetime high on Thursday, sparked by safe-haven demand due to U.S. tariff threats, while the focus ...
US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in ...
He cited inflation running above the Fed's 2% target, the expanding economy and a "solid" U.S. labor market. Before cutting rates again, the central bank may need to see "a couple months of some ...
Investors are widely expecting the Fed to hold its benchmark interest rate at the current level again, extending a pause in its rate-cutting cycle as markets keep a watchful eye out for whether ...
At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give ...
Data from Cointelegraph Markets Pro and TradingView shows BTC/USD dropping up to 4% on Jan. 27, reflecting tumbling stocks futures. In so doing, Bitcoin gave up the $100,000 mark once more, reaching ...
The Fed’s challenge this week is how to pause and communicate a data-dependent approach to future cuts without drawing the ire of Trump, who has expressed his desire for rates to come down. “The goal ...