Wednesday's data showed consumer price pressures remain stubbornly above the Federal Reserve's target rate of 2%. And yet ...
Treasury yields rose on Thursday as investors monitored a fresh batch of economic data and a flurry of speeches from Federal ...
Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.
US core CPI came in at 0.3% MoM, right on consensus, but still hot in our view. Nevertheless, rates markets found some relief ...
(Reuters) - U.S. stock index futures were steady on Thursday as investors awaited a fresh batch of economic data and Federal ...
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
It was last up 4.08% at $91,910, marking a 32% rise since the Nov. 5 election. Smaller peer ether has risen 37% since ...
Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential ...
In an alternate reality, if Trump had been the president for the last four years instead of Biden, it is exceedingly likely ...
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.
The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department ...
WASHINGTON (AP) — Annual inflation may have risen in October for the first time in seven months, a sign that price increases ...