U.S. inflation has come down, but not enough for voters to stop complaining about high prices. Since U.S. President Joe Biden took office, the economy has recovered…
With the labor market strong and growth above trend, there isn’t pressure on the U.S. central bank to cut interest rates, Atlanta Fed President Raphael…
“Consumer borrowing costs in the U.S. have skyrocketed, but the CPI doesn’t count this. ” There are widely divergent perspectives between Wall Street, where exuberance…
A four-month-long U.S. stock market rally, partly fueled by investors’ expectations for interest rate cuts in 2024 by the Federal Reserve, faces a test posed…
A four-month-long U.S. stock market rally, partly fueled by investors’ expectations for interest rate cuts in 2024 by the Federal Reserve, faces a test posed…
Gold futures settled at their highest on record Friday, as weakness in some U.S. economic data helped pull the dollar and Treasury yields lower, boosting…
Gold futures settled at their highest on record Friday, as weakness in some U.S. economic data helped pull the dollar and Treasury yields lower, boosting…
Prices aren’t going up as fast as they once were, but one of inflation’s frustrating side effects is still going strong: “shrinkflation.” Senate Democrats have…
Bond yields rose early Thursday as traders eyed PCE data expected to show inflation picked up last month.What’s happening The yield on the 2-year Treasury…
The modern-day Federal Reserve is often a Tower of Babel of sorts: Different voices saying different things about how high U.S. interest rates should be.…
The modern-day Federal Reserve is often a Tower of Babel of sorts: Different voices saying different things about how high U.S. interest rates should be.…
Federal Reserve Gov. Chris Waller said there’s “no rush” to reduce U.S. interest rates in light of stronger-than-expected readings on inflation and economic growth early…