While the high correlation is unsurprising, it is worth noting that not all periods of high confidence led to increasing strong economic activity rates.
In an economy roughly 70% dependent on consumption, that consumption generates the revenues to create corporate earnings. As ...
Eco data yesterday was a bit cautious, with weaker wholesale inventories, weaker retail inventories and weaker mortgage apps. Today’s eco data includes 4th qtr. GDP – expectations of 2.6% - which is ...
Futures tied to the Nasdaq gained on Wednesday as semiconductor-related stocks rose after chip equipment maker ASML's ...
Still, during last year’s presidential ... a proposal to erode the Fed’s traditional independence by allowing the president to be consulted on interest rate decisions. Need a break?
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of 2025 if inflation data continue to be favorable. “The inflation data we ...
There are legitimate reasons to question central banking independence as it currently operates; when Powell was renominated ...
Still, there are some signs of progress in the Fed's inflation battle. Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% on an annual basis, lower than the 3.3% rate ...
Jan 16 (Reuters) - Most stock markets in the Gulf ended higher on Thursday, driven by softer core U.S. inflation data that fuelled hopes for Federal Reserve rate ... by the Fed's decisions ...
Still, there are some signs of progress in the Fed's inflation battle. Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% on an annual basis, lower than the 3.3% rate ...
Due to elevated year-on-year consumer inflation rates and strong recent jobs data, financial markets reflect expectations that the Fed will not change interest rates on January 29. A change in Fed ...
Risks to the crypto’s bullish momentum include delayed Fed rate cuts, weak retail sentiment ... some similarities between BTC’s current price action and previous presidential election cycles. During ...