Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority ...
Inflation has been around since the days of Alexander the Great and it's not showing any signs of going away. In combating ...
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...
The Federal Reserve may just give investors what they want this year after all. The December inflation report, released ...
The Federal Reserve's premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still ...