“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target mean the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, ...
Powell has been robust with the president-elect, but the inflation-reducing benefits of independence are not entirely safe in the US ...
The FTSE 100 is expected to remain a battleground between buyers and sellers on a busy day for corporate reporting.
The dollar is trading around a one-year high against a basket of currencies at 106.81, having risen nearly 1.8% this week, set for its best performance since September. A key pillar of support for the ...
It said stability in the short end of the Treasury yield curve contrasts with volatility in the long end. With less than 75 basis points of Fed rate cuts priced for the upcoming year, the 2-year ...
A pullback in the S&P 500 that’s already trimmed about a third off the index’s post-election rally is set to continue Friday, ...
Another rate cut in December is “certainly on the table, but it’s not a done deal,” said Boston Fed President Susan Collins ...
The Federal Reserve might be saying, without actually saying it, that there’s no rate cut coming this December. Traders ...
Asian markets stuttered Friday as data showing a pick-up in Chinese consumption was offset by concerns about US interest ...