Rupee may not build on recovery despite renewed Fed rate-cut hopes
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Fed's Williams says policy data dependent in very uncertain environment
Federal Reserve Bank of New York President John Williams said Wednesday that future monetary policy actions will be driven by ...
Fed Officials Say They're Confident Inflation Will Fall To 2% ... Eventually
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...
Cleveland’s employment recovery among slowest in U.S., Fed report reveals
A new Federal Reserve Bank of Cleveland analysis shows the city's job market remains below pre-pandemic levels four years ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Wall St surges as inflation data, bank earnings fuel rally
STORY: U.S. stocks rallied on Wednesday, with all three of Wall Street's main indexes registering their biggest daily ...
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
US inflation ticks up again — but Dow surges as key Fed gauge dips
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
JPMorgan issues conservative outlook on 2025 net interest income
JPMorgan Chase & Co. said it expects its 2025 net interest income to fall to about $90 billion excluding markets from its reported 2024 level of $92.4 billion. The bank said lower interest rates ...
Core CPI report offers 'some relief' that could allow the Fed to cut rates in 2025, analyst says
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...