Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
The Federal Reserve hit the pause button on recent interest rate cuts, entering a new wait-and-see phase as it tries to ...
It's a sign of a more cautious approach as the Federal Reserve seeks to gauge where inflation is headed and what policies ...
The chances of a Reserve Bank interest rate cut in February have improved significantly as price rises ease. So what's behind ...
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
The U.S. Fed signalled a more cautious approach as the it seeks to gauge where inflation is headed and what policies ...
He cited inflation running above the Fed's 2% target, the expanding economy and a "solid" U.S. labor market. Before cutting rates again, the central bank may need to see "a couple months of some ...
Investors today will be listening to how Fed Chair Jerome Powell addresses the potential effect that President Donald Trump ...
US fixed income market declined over the fourth quarter, reducing its YTD gain. Duration and yield curve positioning were the ...
The benchmark S&P/ASX 200 climbed 0.57 percent to 8,447 while the broader All Ordinaries index ended up 0.65 percent at 8,700.70.
A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
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