Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
Traders of interest-rate futures on Wednesday were pricing close to even odds the Federal Reserve will cut interest rates ...
The slowdown in core price increases comes as a relief as many economists and investors have worried that inflation has ...
In the wake of Wednesday’s encouraging consumer price index, Wall Street still expects the Federal Reserve to pause cutting interest rates at its January meeting. But odds of multiple cuts in 2025 ...
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The average contract rate on a 30-year fixed-rate mortgage rose 10 basis points in the week ended Jan. 10, the Mortgage ...
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed ...
The milder-than-expected increase in consumer prices in December came as a big relief to Wall Street, but it leaves hardly any wiggle room for the Federal Reserve to cut interest rates early in the ...
US inflation rose to 2.9 per cent in December, in line with expectations, bolstering the case for the Federal Reserve to slow its pace of interest rate cuts this year. Wednesday’s data from the Bureau ...
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above ...
There’s anticipation for income tax reforms and increased infrastructure funding to boost market sentiment and economic ...
The megabank saw $5.1 billion in profits in its fourth quarter, as higher fees from investment banking and wealth management ...