What 2025 holds for interest rates, inflation and the American consumer
However, elevated debt balances, given increased consumer spending, suggest some Americans are under financial stress even ...
Dollar rebounds from inflation data drop, euro dips
The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing some concerns about ...
The i on MSN10d
US cuts interest rates but fears of Trump inflation sends markets tumbling
US stock markets fell sharply at the prospect of fewer cuts. The the S&P 500 closed down almost 3 per cent while the ...
Dollar edges up on bets of US growth, inflation
The dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming ...
Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Sticky inflation creates rift at Fed over how much to cut rates
Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no ...
Do Fiscal Stimulus And Rate Cuts Go Together... No
Fiscal excess and monetary complacency are incompatible; the Fed's rate cuts amid persistent inflation defy logic and risk ...
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
The Fed Cut Rates and Signaled a Long Fight Against Inflation
Jerome Powell, the Fed chair, said that the central bank cut rates after each of its last three meetings because inflation ...
The Washington Post11d
Fed cuts interest rates a third time, points to inflation as challenge for 2025
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 ...
Loonie drops below 70 cents US as inflation cools in November
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.
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
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.