Inflation and retail sales data greet a roaring stock market rally: What to know this week
On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, unchanged from September's increase. Monthly core price increases are expected to clock in at 0.3%, also in line with the September gain.
The strength of the market response has arguably been at odds with what many economists consider the prospect of worse ...
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter ...
Indexes edged up on Thursday, heading for another day of gains after Donald Trump's election victory fueled a massive rally ...
Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are on Election Day, and that ...
The Dow Jones Industrial Average was virtually unchanged, while the Nasdaq composite rallied 1.5%. The Fed’s announcement ...
Federal Reserve Governor Adriana Kugler, the newest of the U.S. central bank's seven board members, has run afoul of new ...
This suggests that the Fed is more independent in setting interest rates than the claim made by cynics who insist that the U.S. central bank plays politics in the months leading up to Election Day.
After Wednesday's election euphoria, investors are sobering up. Stock futures are modestly higher, a day after Donald Trump's election victory powered major U.S. indexes to all-time highs.
The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair ...
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