The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Colombia central bank seen slowing rate cuts in first meeting of the year
Board members of Colombia's central bank are expected to opt for a smaller rate cut when they meet on Friday on uncertainty ...
Gold Nears Record High as Market Rate-Cut Optimism Grows
Gold futures were rising 0.8% to $2,790.80 a troy ounce—approaching the record high of $2,826.30 an ounce, set in late ...
PCE Report Today: Inflation Likely Sped Up in December, Based on Fed's Favored Gauge
The Federal Reserve's preferred inflation measure is expected to show prices rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption ...
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Fed’s Preferred Gauge Of Inflation Aligns With Expectations In December: Question Is When Will It Reach Central Bank’s Target
The December personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred gauge of inflation, ...