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.
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
Whisper it, but maybe life’s not so bad for many of the world's central bankers right now. But James Smith, ever the optimist, reckons that’s not going to last long. From tariffs to tech tantrums, ...
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
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 ...
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
Finance Minister Nirmala Sitharaman will announce the Union Budget. The National Payments Corporation of India (NPCI) has ...
These comments came when the central bank has been spending dollars heavily in the forex market to defend Indian rupee from ...
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...