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Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as ...
Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going. Traders favor short-term BTC ...
Investors were bracing for a clear sign of tariff-related pricing pressure in the April consumer inflation report, but ...
Hyperbole aside, last month’s inflation rate was lower than economists expected. But some analysts believe the relatively strong report could be the final calm before the storm, as American firms ...
The Fed will not cut interest rates in June or July, with the first cut now expected in September. Wall Street traders have ...
The Indian rupee is expected to open higher on Wednesday, aided by a weaker dollar following soft U.S. inflation data and on ...
J.P. Morgan chief U.S. economist Michael Feroli has dialed back his forecast for a recession in 2025 to "below 50%," according to a report shared with MarketWatch on Tuesday. Feroli also pushed back ...
Steven Ricchiuto, economist at Mizuho Securities, doesn't expect the Federal Reserve to cut rates at all in 2025, at odds with market expectations that have priced in three to four 25-basis-point cuts ...
The president insists last month's data is a cue for Fed Chair Jerome Powell to follow in Europe and China's footsteps.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
The dollar retreated on Tuesday, giving back some of its sharp gains a day earlier after an inflation reading came in below ...
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