Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
Inflation data coming Friday should show a quicker rise in consumer prices at the end of 2024, supporting the Federal Reserve’s latest decision to hold off on further rate cuts. The Bureau of Economic Analysis will release the personal consumption expenditures,
The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains
U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains - Some economists believe that Trump’s threat of tariffs changed consumer spending at the end of 2024
U.S. Economy Grew Slower Than Expected Last Quarter—Weakest Q4 Since 2018
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
5-year break-even inflation rate is above worrisome level as Powell speaks
As Fed Chair Jerome Powell addressed reporters on Wednesday, one market-based measure of inflation expectations continued to reflect ongoing concerns about more upside risks to prices. It's the five-year break-even inflation rate,
Stocks Await More Earnings After Strong Start And Better Inflation
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.
Stock Market Today: Dow falls nearly 140 points, S&P 500 and Nasdaq end lower, bond yields rise as Fed pauses rate cuts, signals no hurry to resume
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.
Stocks Hit a Record Amid Strong Earnings and Easing Inflation Concerns
Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.
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U.S. economy grows solid 2.3% in October-December on eve of Trump return to White House, 2.8% in 2024
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump
Visa Profit Climbs 5% as Consumer Spending Holds Up
Visa on Thursday reported $5.1 billion of profits for the final three months of 2024, up 5% from the year prior, as consumer spending remains solid even as some inflation persists. Visa’s per-share earnings for its fiscal first quarter amounted to $2.
S&P 500 futures are little changed as investors parse Apple earnings, await inflation data: Live updates
S&P 500 futures are near flat Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report. Futures tied to the broad index ticked higher by 0.1%, while Nasdaq 100 futures added 0.3%. Dow Jones Industrial Average futures added 53 points, or 0.1%.