Dollar rises from 3-1/2-month low; rate cut bets intact
The dollar climbed from more than three-month lows on Wednesday after data showing the U.S. economy grew faster in the third quarter
April 26, 2024The dollar climbed from more than three-month lows on Wednesday after data showing the U.S. economy grew faster in the third quarter
April 26, 2024Fed Chair Jerome Powell bristles at talk of managing climate change, but the damage it is doing the US economy is hard to ignore, as the latest National Climate Assessment shows.
November 29, 2023By Michael S.
April 26, 2024U.S. economic activity slowed from early October through the middle of November, while businesses reported inflation largely moderated and it was easier to hire workers, the Federal
April 26, 2024MSCI'S global stock index edged lower on Thursday, the last day of its strongest month since November 2020, while bond yields and the dollar
July 02, 2024A look at the day ahead in European and global markets from Wayne Cole. Let's start with Treasuries because, if this were sports, we'd be calling it a comeback for the ages.
April 26, 2024The Federal Reserve’s preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth
November 30, 2023U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest since early 2021, signs of cooling demand that could further strengthen
April 26, 2024By Michael S.
April 26, 2024By Ann Saphir and Michael S.
April 26, 2024The Federal Reserve will likely hesitate to cut interest rates next year for fears of a rebound in inflation, but by keeping interest rates high for long it
April 26, 2024U.S.
July 02, 2024Oil prices were stable on Friday following a 2% drop on Thursday, with the market unconvinced that the latest round of OPEC+ production cuts will be able to lift prices
April 26, 2024Stocks gained ground on Wall Street as the market comes off its best month in more than a year
December 01, 2023The S&P 500 and Nasdaq fell on Friday as investors were on edge ahead of Federal Reserve Chair Jerome Powell's comments that some fear may have a
April 26, 2024The U.S.
April 26, 2024U.S. manufacturing remained subdued in November, with factory employment declining further as hiring slowed and layoffs increased, more evidence that the
July 02, 2024Chicago Federal Reserve President Austan Goolsbee said on Friday he believes inflation is "on track" to reaching the U.S. central bank's 2% target, driven in coming months by what he
April 26, 2024The risks of the Federal Reserve moving too far with interest rate hikes, and slowing the economy more than necessary, have become "more balanced" with those of not moving high
April 26, 2024Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said
December 01, 2023The labels "dove" and "hawk" have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market
April 26, 2024The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut
April 26, 2024Asian shares have declined in cautious trading ahead of some key reports this week on the U.S. job market that might provide insight into the Federal Reserve’s thinking about interest rates
December 04, 2023A survey shows most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under pressure brought by high interest rates
December 04, 2023U.S.
April 26, 2024