WPSD Local 65h
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
The Federal Reserve’s preferred inflation measure accelerated slightly in December, as price growth remains stubbornly above ...
Treasury yields edge up after PCE inflation report
Treasury yields were up slightly Friday morning, following a U.S. inflation report that was in line with Wall Street’s expectations. The yield on the 10-year Treasury was rising about one basis point ...
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 ...
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 ...
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 ...
Greenwich Time1h
Next Week: job openings, employment report, services sector update,
The Job Openings and Labor Turnover survey showed that openings rose in November. Job openings have broadly declined since peaking at 12.2 million in March 2022, but they remain above where they stood ...
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 ...
CBS News2d
The Fed is set to hit the pause button on rate cuts, for now. Here's the impact on your money.
At the same time, economists are forecasting more rate cuts in 2025, but not until May or even later, according to FactSet polling. But one wild card is whether inflation could tick higher in ...
The New York Times8d
Stocks Hit a Record Amid Strong Earnings and Easing Inflation Concerns
But the release of new inflation data in recent weeks has eased ... according to data from FactSet. That would make it the best quarter for company profits since the end of 2021.