Investors breathe a sigh of relief after PCE inflation report. Why 'mild' inflation could help the stock market.
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
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Fed's Bowman Calls for Gradual Approach to Policy Adjustment Amid Upside Inflation Risks
The Federal Reserve should take a "cautious and gradual" approach to adjusting monetary policy amid upside risks to inflation, Governor Michelle Bowman said Friday. On Wednesday, the central bank's ...
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US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada and Mexico.
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
Trump renews feud with Federal Reserve over interest rates, inflation
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
Voters will be better off under Labor, PM promises – again
Anthony Albanese concedes he hasn’t been able to keep the same pledge he made three years ago, but insists this time will be ...
Tech Stocks Rally, S&P 500 Flirts With Records, Gold Extends All-Time Highs: What's Driving Markets Friday?
Major stock indices have completed their recovery following Monday's sharp drop, buoyed by tech stocks rallying on the back ...
Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...