Traders bet Fed's next rate cut will wait until June
After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...
Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
AFP on MSN33m
Fed's favored inflation gauge accelerates further in December
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...
New inflation reading reinforces Fed's go-slow strategy
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, a new data point that likely reinforces a current wait-and-see approach ...
US stocks are back to where they were before DeepSeek
The S&P 500 wiped out its weekly losses and the Nasdaq 100 rose almost 1.5% as Apple Inc. gave a reassuring forecast ...