However, elevated debt balances, given increased consumer spending, suggest some Americans are under financial stress even ...
US stock markets fell sharply at the prospect of fewer cuts. The the S&P 500 closed down almost 3 per cent while the ...
The dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming ...
US consumer inflation at the headline level in November ticked up to a 2.7% annual rate – the fastest pace since July. The core rate of CPI – seen as a more robust measure of the trend – held steady ...
Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no ...
Fiscal excess and monetary complacency are incompatible; the Fed's rate cuts amid persistent inflation defy logic and risk ...
Jerome Powell, the Fed chair, said that the central bank cut rates after each of its last three meetings because inflation ...
Powell added that the Fed needs to take its time ... us with higher inflation than we’d hoped.” After a jumbo cut in September and a smaller one in November, officials have now lowered rates ...
The annual rate of inflation cooled to 1.9 per cent in November with Statistics Canada citing a slowdown in travel tour prices as one factor keeping price pressures tame.
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.
The Federal Reserve cut interest rates ... US presidential election. The Nasdaq crossed 20,000 for the first time last week and hit a record high on Monday before sliding lower on Tuesday. The Nasdaq ...
Brian Blank is a finance scholar and Fed watcher who researches how companies navigate downturns and make financial decisions ...