Fed Funds futures are pricing in just two 25-basis-point (bps) reductions in 2025, half of the total the U.S. central bank ...
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...
The consumer price index may show core inflation coming in on the high side again. That could slow Federal Reserve rate cuts ...
Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.
Ahead of the CPI data, a rate cut in December remains the "solid base case but not a lock," said Krishna Guha, vice chairman of Evercore ISI. Guha said the CPI data takes on extra importance in light ...
When the river began to rise last month in Asheville, North Carolina, Lucious Wilson stood on a nearby hill and watched as his brewery slowly vanished in the floodwaters generated by Hurricane ...
Federal Reserve Chair Jerome Powell is scheduled to speak on Thursday. (Alexandra Citrin-Safadi/WSJ) Reports on inflation and ...
A flurry of headlines about staffing and steering the first steps of the new U.S. administration will now stoke fiscal policy ...
The Federal Reserve is facing an uncertain path forward as it tries to keep inflation in check and the economy on track.
Bank stocks largely boosted the Dow, as investors hope the sector could see weaker regulation in a second Trump ...
Economists predict inflation will stay at the same level as the last few months, just above the Federal Reserve's 2% target.