Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough ...
Wednesday, January 8, 2025
Tag: interest rates
US stocks hit record highs, dollar pares losses after CPI, Fed decision
The S&P 500 and the Nasdaq scored record closing highs for the third consecutive session on Wednesday and U.S. Treasury ...
Stock market today: Stocks rise and yields fall as fresh data points to cooling job market
Getty ImagesUS stocks ended higher while the 10-year Treasury dropped on Tuesday.Tuesday JOLTS report showed job openings reach the lowest ...
Turkey’s inflation passes 75% in what economists believe is peak
City scene Yeni Camii Great Mosque by Golden Horn of Bosphorus River, Topkapi Palace, Hagia Sophia Istanbul, Republic of Turkey ...
The time is ‘ripe’ to cut interest rates next week, European Central Bank’s Rehn says
Two key European Central Bank figures on Monday threw their weight behind the prospect of an interest rate cut next ...
Housing experts revise mortgage rate forecasts for remainder of 2024
At the beginning of the year, housing experts and homebuyers looked forward to better buying conditions — interest rates were ...
Why experts aren’t panicking about the latest jump in producer price inflation
After three hot inflation reports helped push back the timing of the Federal Reserve’s long-anticipated interest rate cuts in the ...
Wholesale prices rose 0.5% in April, more than expected
Wholesale prices jumped more than expected in April, putting up another potential roadblock to interest rate cuts anytime soon.The produce ...
Sweden just cut interest rates. Why U.S. investors should take note
In the world of central banking, the U.S. Federal Reserve usually assumes the leadership role and its global counterparts follow. ...
Fed says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan ...
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