Americans and Federal Reserve officials have news to celebrate: Inflation cooled significantly last month, likely giving central bankers more confidence to continue cutting interest rates. The Fed’s ...
U.S. stock index futures surged on Friday following an inflation report that indicated easing inflation in the economy. The ...
U.S. consumer spending rose moderately in August by 0.2%, suggesting persistent economic momentum. The gain was bolstered by solid wage growth, despite a cooling labor market. Additionally, inflation ...
Yields on long-dated Treasurys drifted higher on Monday as traders bet that the Federal Reserve would deliver the “soft landing” that investors have been hoping for.
First is shorter-term CDs (those maturing in 18 months or less). These tend to be highly reactive to the Fed's moves. In fact, one of our top banks was offering a 9-month CD with a 5.10% APY prior to ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.2% last month after an unrevised ...
The major U.S. index futures are currently pointing to a modestly higher open on Friday, with stocks likely to add to the gains ...
The Federal Reserve did not have full consensus when it voted last week to reduce interest rates by half of a percentage ...
Will the Federal Reserve opt for another half-point cut in November? Traders now see the chances of another larger cut as slightly better than a coin flip. Fed-funds futures see a 54.1% chance of a ...
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is ...
A Federal Reserve official says he supports reducing the central bank's key interest rate somewhat from its current level.
Premarket trading on Wall Street was relatively listless Friday ahead of the government's latest inflation report.