Inflation Stayed At 2.8% In December, Per Fed’s Preferred Metric—‘Further Progress’ Needed For Rate Cuts
Inflation has stalled above policymakers’ 2% target, according to data released Friday morning, bolstering the case for the Federal Reserve’s decision earlier this week to pump the brakes on its ...
Fed's preferred inflation meets expectations in December
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
From Union Budget 2025 to UPI, big money changes coming in February
Finance Minister Nirmala Sitharaman will announce the Union Budget. The National Payments Corporation of India (NPCI) has ...
Why a 5-Year CD is Your Best Bet After the Fed Meeting
Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...
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How the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
U.S. Fed Keeps Rates On Hold As Inflation Stays Sticky
Fed kept its key interest rate on hold in a range between 4.25-4.5%, following three consecutive cuts. TD Asset Management's ...
Housing market will welcome RBA rate cuts
The beleaguered residential property market will be one key transmission mechanism through which the RBA’s interest rate ...
Colombia central bank seen slowing rate cuts in first meeting of the year
Board members of Colombia's central bank are expected to opt for a smaller rate cut when they meet on Friday on uncertainty ...
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The Fed’s Tealbook ponders alternate economic scenarios
The Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy ...
Is Saturday D-Day for Trump’s Tariffs?
Washington is playing the waiting game as Feb. 1 nears. By our complex calculations, that’s Saturday, and it’s the date Trump ...
Dow, S&P 500 and Nasdaq all higher in final half-hour as investors focus on earnings
All three major U.S. stock indexes were higher in late-afternoon trade as focused turned away from Wednesday's Federal Reserve meeting and toward corporate earnings on deck. The S&P 500 index was ...