"The progress in lowering inflation since April is a welcome development, but core inflation is still uncomfortably above the ...
MICHELLE BOWMAN CAUTIOUS ON RATES. When the Fed announced its monetary policy statement on September 18, 2024, it had cut the ...
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...
The decision brought the Fed's Federal Funds Rate down to 4.75% to 5% from 5.25% to 5.5%, a level that was in place from ...
The US Dollar (USD) trades broadly flat at the start of this week, close to the year-to-date lows registered on Friday, ahead of a busy week that will end with the key Nonfarm Payrolls data. The main ...
The Indian rupee has remained largely stable against the USD in the current calendar year (CY 2024), depreciating by just ...
Economists project that the US added 140,000 jobs last month and that the unemployment rate held steady at 4.2%.
We’re recalibrating policy to maintain the strength in the economy, not because of weakness in the economy,” Federal Reserve Chair Jerome Powell said.
It also ignores what Fed Chair Jerome Powell emphasized in his speech last month at Jackson Hole, namely that the risks to the U.S. economy have shifted from inflation to growth. So, if inflation ...
US government bonds are on track to end September with a historic fifth-straight monthly gain even as bond traders pared slightly the amount of Federal Reserve easing they consider likely over the ...
“There isn’t much reason to assume that immigrants without legal status are the main driver behind higher home prices,” said ...
Fed looks quite sure to add quarter point More tightening doesn’t really surprise but Fed acknowledged recession possibility Recent U.S. inflation data soft ...
