Fiscal policy and monetary policy are always vying for top spot on the market’s list of concerns. For now, there is little to see at the Fed. What the market needs is clarity on the fiscal front.
And almost as expensive due to years of cash flowing in to escape the inflation in neighbouring countries such as Argentina. What’s nicer than an ocean-view apartment to preserve your wealth in real terms?
After experience of Biden administration, fighting price rises likely to be political priority over targeting economic growth
Yields down, stocks up. After government bonds sold off sharply the week before, buyers were back after favourable inflation prints calmed investors’ nerves in the US and UK in the past week. As far as returning to normal it might be as close as we are going to get for some time.
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
(Reuters) - U.S. stock index futures rose on Friday, driven by gains in Apple following a strong sales growth forecast, as investors focused on key inflation data expected later in the day that could influence the Federal Reserve's policy decisions.
Pennsylvania’s minimum wage is less than a third of what a Centre County resident needs to afford basic necessities, according to the latest data from the Massachusetts Institute of Technology’s living wage calculator.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.”
ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory
Economists say the tight jobs market and increasing government spending will mean the RBA will deliver just three or four rate cuts in total this year.