Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
The Federal Reserve’s preferred inflation measure accelerated slightly in December, as price growth remains stubbornly above ...
December PCE Report: PCE Inflation Index Up 2.6%, In Line With Expectations
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Apple Stock Rises After Better-Than-Expected Earnings, iPhone Sales Slip
Apple shares rose over 3% in premarket trading, after the company reported better-than-expected earnings but said iPhone sales fell slightly in the December quarter. iPhone sales were down nearly 1% ...
thedailyupside16h
American Consumer Remains Resilient as Economic Growth Moderates
If economists are professionals who are paid to make incorrect guesses, as the old joke goes, then they’re certainly earning ...
U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains
U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains - Some economists believe that Trump’s threat of ...
The News-Gazette1d
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy’s output of ...
The Victoria Advocate1d
European stock markets rise before ECB rate call
European stock markets rose and the euro dipped Thursday, with the European Central Bank expected to cut interest rates as ...
Here's the financial impact of the Fed's pause on rate cuts
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
Stock Market Today: Dow falls nearly 140 points, S&P 500 and Nasdaq end lower, bond yields rise as Fed pauses rate cuts, signals no hurry to resume
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results ...
5-year break-even inflation rate is above worrisome level as Powell speaks
As Fed Chair Jerome Powell addressed reporters on Wednesday, one market-based measure of inflation expectations continued to reflect ongoing concerns about more upside risks to prices. It's the ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...