Latest PCE inflation report would justify first-half Fed rate cut: CMC
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI had showed a modest retreat in the year-over-year core rate.
Line graph showing various measures of inflation and the Federal Reserve's policy rate of interest. The latest Consumer Price Index report showed inflation rising slightly in December but was ...
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
Year-on-year Australian CPI rose at a slower pace of 2.4% in the last quarter of 2024. The Fed is certain to announce a pause in the current policy-easing spell. The AUD/USD pair falls sharply to ...
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged ...
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
The easing inflationary pressures at the end of 2024 have strengthened the case for a potential interest rate cut by the RBA ...
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