Fed's Wait-And-See On Rate Cuts Supported By Worst 6-Month 'Core' And 'Core Services' PCE Inflation Since Mid-2023
The Fed’s favored core PCE price index, which excludes the volatile components of food and energy, jumped by 3.0% annualized ...
Canadian serial killer Robert Pickton, who strangled and fed his victims to his pigs, is dead after prison assault
Canadian serial killer Robert Pickton, who took female victims to his pig farm during a crime spree near Vancouver in the ...
Just how hawkish are Fed officials? There’s an algo for that.
The news group runs a natural language processing algorithm that scans its headlines covering more than 6,000 speaking ...
Price cuts, weaker spending could bolster Fed's faith in inflation outlook
A new round of price cuts by major U.S. retailers and data showing a consumer spending slowdown may boost the Federal Reserve ...
Are Rate Cuts Imminent After Fed's Preferred Inflation Data Holds Steady? 'Be-Careful-What-You-Wish-For Moment' (CORRECTED)
Slowing consumer spending could lead to lower inflation. And if the Fed "can cut slowly as a result" then that will be good ...
Fed seen more likely to cut rates in Sept after PCE data
The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department report ...
The Fed’s favorite inflation gauge showed little progress last month
Inflation remained sticky in April, as a closely watched measure of price changes was unchanged from the month before, ...
Fed’s Favorite Inflation Measure Cools Slightly in April, Hits Estimates
An inflation measure favored by the Federal Reserve met expectations Friday, as the personal consumption price expenditures ...
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac's latest Primary ...
April PCE: Key Fed inflation gauge rose 0.2%, in line with expectations
Inflation in April as measured by the personal consumption expenditures price index rose in line with economists' ...
Inflation rose in Europe in May but its central bank is still set to cut interest rates before the Fed
Inflation spiked into double digits in Europe after Russia cut off most pipeline supplies of natural gas over its full-scale ...
The Fed Won’t Cut Rates This Year
Federal Reserve Chairman Jerome Powell and his team had hoped to lower interest rates in 2024. But sticky inflation, a strong ...