November PCE: Key fed inflation gauge rose 2.4% annually
1 of 4 | The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis and 2.4% from the same period last…
1 of 4 | The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis and 2.4% from the same period last…
Global markets are set to end the week lower following the Fed’s hawkish rate cut on Wednesday, which sent government bond yields soaring, draining liquidities.…
Slower progress on inflation translates into a slower pace of rate cuts, especially as economic growth is brisk.The United States Federal Reserve has cut interest…
WASHINGTON — The Federal Reserve on Wednesday made another cut in interest rates, but dialed back expectations for lowering rates in the near future. The rate…
Breadcrumb Trail LinksPMN BusinessAsian stocks were poised to climb Thursday after US equities snapped a two-day slide on benign inflation data that supported expectations for…
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Tempers are starting to fray in the I'm A Celebrity camp, with fans and contestants alike both starting to tire of Dean's "childish" behaviour after…
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve’s preferred inflation measure accelerated in October, helping explain US central bankers’ more cautious approach to interest-rate cuts.Author of the…
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and inflation slowly…
Russell's comments come at a turbulent time in the relationship between the drivers and the FIA.Since the last race in Brazil, the GPDA put out…
SACRAMENTO — The state Legislature will convene a new two-year session on Dec. 2, and hopefully lawmakers have been reading the messages California voters sent them…
SAN FRANCISCO — For decades, the Bay Area has been celebrated — and sometimes mocked — as a progressive beacon, a proud throwback to hippie-era values…
Two years after the leaked audio scandal rocked Los Angeles City Hall, voters finally had their say in this election. And speak they did.Voters overwhelmingly…
The Federal Reserve cut interest rates for a second straight time Thursday in an effort to keep the economy sailing along by easing the high…
The Fed will have to navigate a changing economic landscape with the election of Donald Trump as the next US president.The United States Federal Reserve…
European stock markets largely declined on Wednesday, moving in contrast to gains in US markets as investors weighed the impact of Trump’s tariff policies on…
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a…
PROVIDENCE, R.I. — A co-chair of Donald Trump’s transition team said Trump supporter Robert F. Kennedy Jr. wants access to federal health data so he can…
Breadcrumb Trail LinksPMN BusinessA week before Federal Reserve officials gather to reflect on the appropriate tempo of interest-rates cuts, three high-profile reports are set to…
The euro weakened to a two-month low against the US dollar following the release of the Federal Reserve meeting minutes. The trend is likely to…