News

Fed set to hold rates steady despite 'as good as it gets' inflation print
A cooler inflation reading from the month when President Trump's tariffs went full blast likely won't shake the Federal ...
Trio of Soft Economic Reports Boost Fed Rate Cut Odds, but What About Bitcoin?
The big rally in bitcoin and stocks over the past eight weeks has occurred with a (somewhat) hawkish Fed; a dovish turn could ...
Fed seen on hold amid cooler inflation, cautious consumer
Federal Reserve policymakers wary of cutting interest rates in the face of President Donald Trump's aggressive tariffs will ...
Gold News: Bullish Momentum Builds as NFP, Fed Rate Cut Hopes Drive Gold Rally
Gold price holds firm above key support as traders eye Fed rate cuts. Bullish setup targets $3435, with NFP data key to the ...
The Fed and Wall Street Are Both Trying to Figure Out the Labor Market
Politics aside, recent history has illustrated that the ADP figures aren’t exactly gospel. Month after month, they have diverged from the Labor Department’s more resilient payroll numbers, often ...
Fed's Daly says inflation her main focus right now
U.S. Federal Reserve policymakers could still cut interest rates twice this year as they projected in March, San Francisco ...
Fed's favored inflation gauge shows consumer prices eased in April
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...
Fed should cut rates as soon as this month: Economist on services PMI
The Institute for Supply Management's (ISM) services PMI (Purchasing Managers' Index) slipped to 49.9 in the month of May, ...
Inflation is cooling. But stubbornly high housing costs could spark a flare-up and a rate hike by year-end, chief economist warns.
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...