Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
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Fed’s Powell says no need to hurry rate cuts with economy strong
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
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Dow Jones Futures: Stock Market Falls, Tesla Skids On Trump EV Threat; Palantir Makes Big Move
Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures. Retail sales data is on tap Friday after two big inflation reports. Warren Buffett's Berkshire Hathaway ...
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A Deep Dive into the Drivers of CPI Inflation: Introducing Our New Data Page
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
Gold faces worst week in more than 3 years on bets of slower Fed easing
Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger U.S. dollar ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
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Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Gold slips to 2-month low on dollar strength; focus on US data
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Jobless claims fall to lowest level in 6 months, following drop in interest rates, inflation
The Labor Department reported that jobless claim applications fell by 4,000 to 217,000 for the week of Nov. 9 — less than the ...