EUR/USD kept the recovery well in place and maintained its course to the area above the 1.0400 level on Wednesday on the back ...
New inflation data out Wednesday showed consumer prices rose more than forecast in January as core prices reversed last month's easing with the Federal Reserve's path forward in focus. The latest data ...
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MT Newswires on MSNJanuary Consumer Inflation Accelerates, Core Rates Top EstimatesConsumer inflation in the US accelerated last month on both sequential and annual bases, while core measures came in ahead of Wall Street's estimates, government data showed Wednesday. The consumer ...
Although improved from a mid-January peak of 7.30%, 30-year refinance rates are still somewhat elevated after plunging in September to 6.01%, a two-year low.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
Investors and traders were bracing for Wednesday's consumer-price index report for January to mostly reflect either little change from or a slight improvement over the final month of 2024. Yet one ...
U.S. technology stock crash. The Magnificent 7 tech stocks now make up 33% of the S&P 500 SPX by market cap, and with valuations already high, a return to the long-term price/earnings average alone ...
The figures underscore the stickiness of inflation, which created a major political problem for former President Joe Biden.
Stronger-than-expected inflation and labor market data into the end of 2024 led to the US Federal Reserve's decision to pause ...
Sen. John Kennedy, a Republican from Louisiana, praised Powell and the Fed for bringing down inflation from a 9.1% peak in ...
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