Tag: Federal Reserve
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US PCE inflation cools in November
(Reuters) -The personal consumption expenditures (PCE) price index rose a less-than-expected 0.1% in November, marking a cooler inflation picture than...
Fed’s preferred inflation gauge shows price increases fell in November
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases fell month over month in November but...
US economy in very ‘rare,’ historical moment: Deutsche Bank’s Chadha
Federal Reserve Chair Jerome Powell struck a cautious tone for 2025 in the press conference following the central bank's decision...
What credit cardholders should know for 2025: Predictions, interest rates, changing benefits, and more
While 2024 gave many credit cardholders the opportunity to earn incredible rewards or cash in for big travel plans, they...
Stocks tanked after the Fed signaled fewer rate cuts next year. Here’s what Wall Street analysts see ahead.
The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%. ...