Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published ...
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected, with ...
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Nov 13 (Reuters) - Wall Street's main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.
The Fed’s benchmark federal funds rate influences the cost of borrowing for individuals and businesses. In theory, with the two cuts already in place and Wall Street assigning a ...
Many economists and investors worry that Trump’s economic agenda will be inflationary. In addition to tax cuts, Trump has ...