Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
THE stock market plunged below 6,000 on Friday and the peso also succumbed as investors digested the country's below-target economic growth and worried over the pace of interest rate cuts.
Oil prices rose on Friday as markets weighed the threat of tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest crude exporters to the U.S., that could take effect this weekend ...