The numbers: The U.S. cost of living fell 0.1% in December and posted the first decline since the onset of the pandemic in 2020, pointing to a further slowdown inflation Read more
Tag: rate
Eurozone Unemployment Rate Remained at Record Low in November Despite Slowing Economy
By Xavier Fontdegloria The eurozone jobless rate was stable in November at its record low, highlighting resilience in the labor market despite slowing economic growth. The eurozone unemployment rate stood Read more
‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns
The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics. “Markets are going to Read more
MarketWatch Live: Fed futures now foresee smaller rate moves in February, March
MarketWatch Live: Fed futures now foresee smaller rate moves in February, March
MarketWatch Live: Stock-market futures rise as jobless rate falls at year-end
MarketWatch Live: Stock-market futures rise as jobless rate falls at year-end
Dow drops 300 points as strong jobs data suggests more aggressive Fed rate hikes
U.S. stocks finished lower on Thursday, with the Dow dropping more than 300 points, as strong jobs data and hawkish Fed commentary signaled more aggressive Federal Reserve interest-rate hikes to Read more
No Fed official expects an interest-rate cut to be appropriate this year, meeting minutes show
None of the 19 top Federal Reserve officials expect it will be appropriate to cut interest rates this year, according to the minutes of the central bank’s December policy meeting, Read more
Fed’s Kashkari backs interest rate hikes ‘at least the next few meetings’
The Federal Reserve should keep raising its policy interest rate until it is confident inflation has peaked and that means interest rate hikes “at least at the next few meetings,” Read more
U.S. economy grew at revised 3.2% rate in third quarter
The numbers: The U.S. expanded at an annual 3.2% annual rate in the third quarter, a more robust pace of growth than previously reported, new government figures show. The increase Read more
Bank of England slows rate hike pace to a half point
The Bank of England on Thursday slowed the pace of interest-rate hikes down to a half point, as the U.K. central bank balances a need to fight inflation with signs Read more