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Mortgage rates have been expected to decline in 2025 as the U.S. economy slows, inflation cools and the Federal Reserve continues to cut interest rates. Amid President Donald Trump's second term ...

or will it settle at some rate above target? Both headline and core inflation have declined over the past year. But they did not decline as fast as Fed officials expected. In December 2023 ...

The Bank of England is expected to cut interest rates ... finance at Hargreaves Lansdown, said: "A rate cut has been on the cards ever since inflation fell in December, but it won’t be a game ...

Phillips 66 PSX reported fourth-quarter 2024 ... estimates and surprises on Zacks Earnings Calendar. The better-than-expected quarterly results can be primarily attributed to higher renewable ...

Data from the Cleveland Fed indicates the one-year expected inflation rate has climbed by 40 basis points since October. The market's outlook for Fed rate cuts has also dimmed. The CME FedWatch ...

Since higher interest rates are positive for a currency, higher inflation usually results in a stronger currency. The opposite is true when inflation falls. What is the impact of inflation on ...

The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% ... with personal spending surging more than expected in the holiday month. On a Y/Y basis, core ...

Phillips 66 now expects heavy maintenance at its refineries in the current quarter with utilization forecast to be in the low 80%, compared with 92% utilization a year ago. The turnaround expenses are ...

What does that mean for mortgage rates? Following the meeting, Fed Chair Jerome Powell indicated that slow progress on inflation and uncertainty surrounding new economic policies are putting the ...

Pre-COVID, Manhattan hotel operators often cited the short-term rental economy and new hotel supply as factors for rate erosion. The recent reduction of this “shadow” inventory is expected to ...

(Reuters) -Phillips 66 fourth-quarter profit plummeted ... The turnaround expenses are expected to be between $290 million and $310 million for the quarter ending March 31, more than double ...