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The Fed did lower the policy rate by a full percentage point last year, starting in September before Trump was elected and ...
New Focus on Inflation: The major stock indices are easing back from the all-time highs hit yesterday as traders await the release of the Personal Consumption Expenditures (PCE) index at 8:30 a.m. ET ...
While Trump wants rate cuts, he appears to disagree with the Fed on why the timing is right, said Paul Ashworth, chief North America economist for Capital Economics. Trump in August ordered the firing ...
Fed Gov. Cook Sues to Stop Trump From Firing Her; PCE Inflation Eyed By Vicky Ge Huang ...
Gold prices were on track for a monthly rise on Friday, supported by a softer dollar and increased expectations for a U.S. interest rate cut in September.
Investors processed new inflation data as Trump’s tariffs continue to affect the global economy. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.
The inflation data caps a whirlwind week for markets gripped by Nvidia earnings and President Trump's effort to oust its governor Lisa Cook, which took a new turn. On Friday, a ju ...
(Reuters) - Wall Street's main stock indexes fell on Friday, with technology stocks declining the most, after inflation data came in higher than the central bank's target as expected and stoked ...
The AUD/USD pair struggles to extend its upside above the key level of 0.6500 during the European trading session on Friday. The Aussie pair trades broadly stable after a three-day winning streak, ...
Spot gold was down 0.3% at $3,407.14 per ounce, as of 1048 GMT. Bullion has gained 3.6% in August and hit $3,423.16 on Thursday, its highest level since July 23 ...