Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
New research finds that Trump’s policies could drive rates much higher than markets are assuming. This rate-cutting cycle may ...
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
In the currency markets, the dollar towered against its major peers at a one-year top. It gained for five days on the yen, up another 0.2% to 156.56, the highest since July.
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year ...
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 ...
The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s US election win raises ...