The local sharemarket is likely to record a choppy, shortened Christmas eve session following US equity gains, the ...

The cognitive dissonance between inflation fears and actual spending habits will make for continued growth in 2025, much like ...

Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.

There was also good news on inflation last month after a series of warmer readings. The report from the Commerce Department on Friday showed moderate monthly rises in prices, with a measure of ...

Fed officials were already aware of what the inflation report was likely to show. Fed officials still aren't expecting inflation to cool off quickly to their 2% goal, however. They raised their ...

Conditional questions are unanswerable. But in their indeterminacy, they highlight the fact that trying to time or game the ...

Fed-favored inflation gauge shows slower price increases in November Yet PCE index drifts further away from 2% goal Last Updated: Dec. 20, 2024 at 8:54 a.m. ET First Published: Dec. 20, 2024 at 8: ...

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.

There was also good news on inflation last month after a series of warmer readings. The report from the Commerce Department on Friday showed moderate monthly rises in prices, with a measure of ...

US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's resilience, which saw the Federal Reserve this week projecting fewer ...

The first monthly increase since May. Long-term inflation expectations remain in the 3% range. Lots of data released before the holidays. Paints a picture of stable growth with inflation that ...