Earlier last year, many economists optimistically predicted that interest rates would dip below 6% in early 2025. But since ...
The Fed also slashed the federal funds rate to a historic low of almost 0% ... The three cutting cycles in the above chart were triggered by significant economic shocks: the bursting of the ...
While everyone might watch the S&P500 or the travails of bitcoin, it’s all driven by central bank monetary policy, and for ...
Incoming data has provided Powell with no reason to deviate from the course outlined in December. After reducing restraint by ...
Inflation is likely to continue to ease and possibly allow the central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said Thursday in ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Since Election Day, gold has meandered within a trading range from $2,562 to $2,717. That is pretty darned impressive, as ...
Asian currencies consolidated against the dollar in the morning session but may be supported by hopes for Fed rate cuts that would spur risk-on sentiment.