The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The week's investing action plan includes a strong dose of pharma and biotech earnings, January econ reports, plus Amazon and ...
Stocks rose in January of that year, with the S&P 500 gaining 5.6%. But the index ultimately finished the year down 6.2%, according to FactSet data, after rising bond yields provoked a panic on Wall ...
January was filled with twist and turns for Wall Street. Investors had to digest the ordinary flow of news, including a jobs ...
The split came into clear focus on Friday, the first day Fed officials spoke publicly in the wake of the decision earlier in the week to hold its benchmark interest rate steady in a range of 4.25%-4.5 ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
The Federal Reserve's preferred inflation measure showed price rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures, or ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...