Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer ...
Asian Markets Track Wall Street Record To Extend Global Rally
Asian markets rose Friday to build on the latest global rally after a jumbo US interest rate cut this week, while the yen ...
Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates.
The rate of U.S. inflation is still on track to slow to the Fed’s 2.0% goal in 2026, the central bank predicted. Many economists believe the rate of inflation, using the Fed’s preferred PCE price ...
A juicy rate cut and new evidence of a surprisingly resilient economy, Yardeni Research calls it ‘nirvana’
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
Federal Reserve Has Never Been This 'Confused' About Neutral Rate
If we look at the dot plot and focus on the longer-run projections for appropriate interest rate target, we would see a very ...
WPRI 12 on MSN2d
Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also ...
Silver Price Forecast: XAG/USD soars above $31 after Fed’s bumper rate cut decision
Fed’s bumper interest rate cut signals that inflation is on track to return to the bank’s target of 2%.
FTSE 100 set for boost after Fed opts for jumbo rate cut
Traders had been concerned that the Fed had waited too long to cut interest rates, causing unnecessary damage to the US ...