The dollar rose and strengthened against the euro and the yen, bouncing back from the decline that followed Trump’s pick of Stephen Miran for the Fed vacancy.

The economic and market risk is that the “data-dependent” Fed is relying on faulty data. Thus, they may wait too long to cut rates, or not cut them enough to stave off a recession. To wit, they waited ...

Core CPI is set to rise to 3% in July, signaling renewed inflation and raising stagflation fears as the economy weakens. Find ...

Accordingly, core CPI inflation looks set to return to 2.0% by the fall of 2025, with core PCE inflation getting there a few months earlier, enabling the Fed to solely focus on arresting the ...

As the week is drawing to a close and the summer holiday season is settling in we have a look at what next week has in store for the markets. On Monday we note Norway’s CPI rates for July and GDP ...

San Francisco Fed president Mary Daly says a Fed rate cut is getting closer.The FOMC held rates at 4.25%4.50% last week, a ...

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April CPI Report Key Stats CPI rose 0.3% for the month after rising 0.4% in March. Core CPI climbed 0.3% after increasing by 0.4% in March.

The Pound Sterling (GBP) holds onto Thursday’s gains during the European trading session on Friday as traders pare bets ...

Minneapolis Fed President Kashkari is shifting dovish. Goldman Sachs warns of economic stall and predicts multiple rate cuts ...

That compares to the Fed’s 2% annual inflation target. When stripping out food and energy, which provides a less volatile measure of inflation, CPI saw a 0.3% month-on-month increase, or 4.0% on ...

Markets see a 43.20% chance that the target fed funds rate will fall between 4.25% and 4.50% at the end of 2024—a 1.00% reduction overall. Federal-Funds Rate Target Expectations for September 18 ...