The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fed Chairman Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending ...
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data showed inflation by the U.S. central bank's targeted measure ticked up to ...
Finance Minister Nirmala Sitharaman will announce the Union Budget. The National Payments Corporation of India (NPCI) has ...
These illustrated market experiences are quite different than what most folks believe happens when the Fed lowers rates.
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
Board members of Colombia's central bank are expected to opt for a smaller rate cut when they meet on Friday on uncertainty ...