The S&P 500 Index ($SPX) (SPY) today is up +0.04%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.27%, and the Nasdaq ...
The US central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation, ...
Just like a ship captain” she said. “I think it behooves us to proceed cautiously at this point.” “I anticipate the FOMC will ...
There is another CPI report due the day before the FOMC meeting, and the payrolls report for November will also be crucial after the October report was disrupted by weather events. In the aftermath of ...
The US Fed may face a challenging situation if October's inflation data unexpectedly exceed estimates and show stickiness.
Calendar-year inflation forecasts from Federal Open Market Committee meeting participants typically start near 2% and then ...
For 2025, the lineup of policymakers that comprise the Federal Open Market Committee (FOMC) looks stable. The normal rotation ...
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal ...
For the US stockmarket, the next couple of months could be a period of exuberance amid speculation of stronger economic ...
Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...
Federal Reserve Chair Jerome Powell said he would not resign from his position if President-elect Donald Trump asks him to do ...