The reading comes just a week after the Fed cut interest rates by 25 basis points, and reiterated that future easing will be largely dependent on the path of inflation. This week’s CPI data is ...
President-elect Donald Trump's focus on the domestic economy has turbocharged the markets. But his proposed policies threaten ...
The stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, ...
The strength of the market response has arguably been at odds with what many economists consider the prospect of worse ...
The core CPI is expected to have risen 0.3% in October. Disney, Home Depot, Alibaba highlight earnings calendar. Bitcoin hits ...
We take a look at what Donald Trump's potential economic plans could mean for inflation, the Fed and Jerome Powell. Here's ...
On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...
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While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
The Dow Jones gained more than 1500 points on Wednesday after Trump won the 270 electoral votes needed to become the 47th President of the United States.
“Recent indicators suggest that economic activity has continued to expand at a solid pace,” the Fed explained in a statement.
This prediction is not based on any inflation forecasts or labor market trends. It instead is based on the strong ... This suggests that the Fed is more independent in setting interest rates than the ...