Fed's preferred inflation meets expectations in December
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further away from its inflation goal and reducing the chance of a another ...
Inflation Ticked Higher Last Month, in Latest Sign of Persistent Price Pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Dow Jones Today: Stock Futures Rise Ahead of Key Inflation Report; Major Indexes on Track to Post January Gains
Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
Futures hold on to gains after December PCE data
U.S. stock index futures held on to their gains on Friday, as an in-line inflation reading did little to alter market ...
How Taiwan became a quiet bond market superpower
Starting in the early 2000s, Taiwan started to run large current account surpluses of 5- 7 per cent of GDP. That’s big. At the time it was only really dwarfed by China. And while China’s surplus fell ...
Mass layoffs in Alabama remained above pre-pandemic levels in 2024
Nearly 2,000 workers in Alabama were laid off in mass layoffs and plant closures in 2024, according to WARN notices filed with the Alabama Department of Commerce. About 21 employers in industries ...