AUD/USD stays defensive near 0.6200 in the Asian session on Friday, hanging close to a nearly two-week low amid the latest ...
GDP was weaker, yet Initial Jobless Claims (speaks to the labor market) showed a decline in claims – which suggests strength in the labor market (no weakness) so what does that mean for the FED? It ...
You can also open a second chance bank account, which doesn't use ChexSystems to review your banking history ... Federal Reserve lowered rates for the first time after closing in on rate of ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
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 kept its key interest rate on hold in a range between 4.25-4.5%, following three consecutive cuts. TD Asset Management's Scott Colbourne discusses the decision and market implications.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Federal Reserve Bank of Chicago President Austan Goolsbee praised the latest inflation data, adding it’s appropriate to lower interest rates as price growth slows.