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Nov. inflation increase won't derail Fed interest rate cuts
ECB, Fed Are Both Expected to Cut Rates. But Their Economies Have Very Different Outlooks.
President-elect Donald Trump's tariffs and political crises in France and Germany have darkened the outlook for the euro area.
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
CPI rose 2.7% in November from a year ago as Fed struggles to snuff out inflation
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by consumers, tracks the change in those prices over time.
Fed, Trump and Jerome Powell
Opinion
Why Trump is right not to fire the Fed chair
This is why it is good that President-elect Donald Trump has now said he would not try to fire Fed Chair Jerome H. Powell. The incoming administration should stick to preserving the Federal Reserve’s independence.
Trump Treasury pick reveals whether Fed Chair Powell will finish term
President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, has said Federal Reserve Chair Jerome Powell will be allowed to finish his term.
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. “[Trump] said on Sunday,
1h
The Fed Was Blindsided By Its $200 Billion Loss
The Fed released financial statements for the third quarter. Read more about the regulator’s balance sheet and how it ...
5h
Most Gulf markets track global shares higher on Fed rate cut bets
Most stocks markets in the Gulf were up in early trading on Thursday in tandem with a rally in global equities after a U.S.
20h
Dollar Expected to Remain Strong as Fed Faces Tough Battle
The U.S. dollar is likely to remain strong versus the euro as the Federal Reserve faces a tougher battle against inflation ...
1d
The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
7h
Asia stocks rally on Fed cut bets; Aussie jumps on jobs data
Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of U.S.
2h
on MSN
Investors Shouldn’t Count on Much Help From the Fed Next Year
That shouldn’t be ruled out. Markets seemed undisturbed by Wednesday’s inflation data, which showed consumer prices rising ...
9h
US Treasury Swings Calm as US Election, Fed Uncertainties Abate
Swings in the US Treasury market have cooled off with the presidential election in the rearview mirror and as investors ...
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Inflation
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