News

Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
May PCE: Fed's preferred inflation gauge rises 0.1% higher than expected
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.
Hassett: Inflation Is Lowest It's Been In 4 Years. If The Fed Were Data Driven, They Would Be Lowering Interest Rates
Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...
Federal Reserve's Bowman says rate cut should be on table in July
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as ...
Powell says Fed rate cut is on hold even as Trump demands cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
Fed rate cut bets to help rupee extend weekly rally
The Indian rupee is set to climb further on Friday, supported by weak U.S. data that has strengthened expectations of a ...
Jerome Powell says Fed rate cut is on hold even as President Trump demands cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
Morning Bid: Fed Rate Bets Surge as Oil Calms
Futures pricing now sees some 60 basis points of cuts by year-end and the so-called "terminal rate" in the Fed's easing cycle ...
Dollar droops as optimism over US trade deals boost Fed easing bets
The dollar wallowed near its lowest in nearly four years against the euro on Monday as market optimism over U.S. trade deals ...
NZD/USD strengthens above 0.6050 as US Dollar weakness continues
The NZD/USD pair trades in positive territory for six consecutive days around 0.6080 during the early European session on ...
Bitcoin builds energy for new highs as US stagflation risk, tariff war, Fed rate cuts loom
Bitcoin trades above $107,000 but something is missing from the bull market. Cointelegraph predicts when new BTC highs will ...
The Fed is set to make its next rate decision today. Here's what to expect.
The Federal Open Market Committee — the 12-member group that sets rate decisions — will meet on June 17-18. The FOMC's decision will be announced on Wednesday, the second day of the meeting.