Traders bet Fed's next rate cut will wait until June
After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...
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Trump gets lower rates but Fed the exception
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Trump may be his own worst enemy in his fight against the Fed
Trump has said he wants lower interest rates, but he may be standing in his own way.The president said he would demand ...
New inflation reading reinforces Fed's go-slow strategy
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, a new data point that likely reinforces a current wait-and-see approach ...
Wall Street today: US Stocks surge on in-line PCE inflation data, Apple gains 2.9%
ET, the Dow Jones Industrial Average rose 0.26 per cent, the S&P 500 gained 0.43 per cent, the Nasdaq Composite gained 0.82 per cent ...