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Global stocks struggle after Fed signals slower rate cuts
European and Asian markets followed a weak lead from Wall Street at the end of a painful week fuelled by worries about another disruptive China-US trade war ...
Today's Mortgage Rates | Inflation Remains Elevated, Keeping Mortgage Rates High
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...
US Stocks Have Already Reversed a Third of Post-Election Rally
A pullback in the S&P 500 that’s already trimmed about a third off the index’s post-election rally is set to continue Friday, ...
Dollar rallies as Fed's Powell nixes rate cut bets
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
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A Deep Dive into the Drivers of CPI Inflation: Introducing Our New Data Page
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
U.S. Jobless Claims Drop to Six-Month Low
According to the Labor Department, jobless claim applications decreased by 4,000 to 217,000 for the week of November 9.
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Dollar eyes weekly gain on slower Fed easing, inflation outlook
The dollar was headed for its best week in more than a month on Friday, buoyed by expectations of fewer Federal Reserve rate ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...