Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
Federal Reserve policy review should embrace a hard ceiling for inflation
The Federal Reserve will soon begin its quinquennial review of the monetary policy strategy, tools and communications ...
Federal Reserve Worried About How Trump Policies On Tariffs And Immigration Could Impact Inflation, Minutes Show
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...
US stocks surge after latest inflation report shows progress on price hikes
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for ...
The Dow plunges 600 points as a strong jobs report and inflation fears crush rate cut hopes
The Dow fell 600 points on Friday morning after new job reports surpassed expectations, and the Federal Reserve indicated ...
Federal Reserve withdraws from global regulatory climate change group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...
Wall Street Has No Clue What the Fed Will Do in 2025
Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...
The U.S. dollar has never been stronger, by one measure. That could create problems for investors.
A strong dollar makes money earned abroad worth less in dollar terms, raising the possibility that currency-translation effects might cause companies to miss Wall Street's targets for sales and ...