Fed’s Daly, despite ‘welcome’ CPI data, still wants to raise benchmark rate above 4.5%-4.75% range
admin The Federal Reserve should still raise its benchmark interest rate slightly above a 4.5%-4.75% rate…
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Dow soars more than 1,000 points for first time since 2020 as investors cheer cooling U.S. inflation
U.S. stocks were on track for their biggest daily gain since 2020 as the Dow…
Read MoreU.S. inflation shows signs of easing, CPI finds, and might give Fed ammo to go slower
The numbers: The cost of living rose a relatively modest 0.4% in October, suggesting inflationary…
Read MoreU.S. inflation shows signs of easing, CPI finds
The numbers: The cost of living rose a relatively modest 0.4% in October, suggesting that…
Read MoreFinancial markets cling to hope that inflation is easing ahead of October’s CPI data
With the next major U.S. inflation report about to land on Thursday, traders and investors…
Read MoreU.S. inflation likely to post another sharp increase in October, CPI to show
Inflation in the U.S. likely rose sharply again in October, but the latest look at…
Read MoreBank of Canada remains ‘far’ from reaching 2% inflation target
OTTAWA — Bank of Canada Gov. Tiff Macklem told Canadian lawmakers Tuesday that the central…
Read MoreOpinion: What NASA knows about soft landings that the Federal Reserve doesn’t
The Federal Reserve still has a chance to meet both of its main goals —…
Read MoreConsumer spending picks up in September — and not just due to high inflation
The numbers: Consumer spending rose 0.6% in September as Americans spent more on travel and…
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Opinion: What NASA knows about soft landings that the Federal Reserve doesn’t
The Federal Reserve still has a chance to meet both of its main goals —…
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