Tag: U.S. inflation
U.S. Inflation Holds Steady in December
U.S. headline inflation held steady in December, while underlying price pressures showed signs of easing, reinforcing expectations that inflation is gradually cooling.
Consumer prices increased...
Bessent Backs Rethinking the Fed’s 2% Inflation Target
U.S. Treasury Secretary Scott Bessent said he supports revisiting the Federal Reserve’s 2% inflation target once price growth is sustainably brought back to that...
U.S. CPI Increases 2.7% in November, Below Expectations
U.S. inflation increased by less than expected in November but remained above the Federal Reserve’s target, according to the first set of consumer price...
Trump Adviser Hassett Says There’s “Plenty of Room” for Major Rate...
White House economic adviser Kevin Hassett said on Tuesday that there is still “plenty of room” for additional interest rate cuts. However, he also...
Bitcoin Slips to $90K as Markets Brace for Fed Decision
Bitcoin slipped slightly on Tuesday as investors remained cautious ahead of the Federal Reserve’s policy meeting, which begins later today. Markets are widely expecting...
Kevin O’Leary Says December Fed Cut Is Unlikely — But Bitcoin...
Kevin O’Leary says he is not positioning his portfolio around expectations of a U.S. Federal Reserve rate cut in December. The entrepreneur and investor...
U.S. Inflation Edges Higher to 3.0% in September
U.S. Inflation Rises 3.0% in September, Slightly Below Forecasts
U.S. consumer prices increased by 3.0% year-over-year in September, rising slightly faster than August’s pace but...
S&P 500 Poised to End Three-Day Slide as Yields Ease on...
The S&P 500 jumped on Friday, putting the index on track to snap a three-day losing streak as Treasury yields fell following inflation data...
Core PCE Index Rises 2.9% in August, U.S. Data Shows
U.S. underlying inflation held steady in August, matching July’s pace and economists’ forecasts. The data highlights the persistence of price pressures that Federal Reserve...
Fed’s Bowman Calls for Rate Cuts to Counter Job Market Weakness
Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday that she supports decisive interest rate cuts to protect the U.S. job market...
