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 ...
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Dollar Rises on US Plans to Impose Tariffs
Friday rose by +0.58% and posted a 1-week high. The dollar rose Friday on increased safe-haven demand from President Trump’s threat to impose 25% tariffs on goods from Canada and Mexico and a 10% ...
Fed Kept Rates Steady: ETFs to Invest In
The underlying FTSE High Dividend Yield Index which is consists of common stocks of companies that pay dividends that ...
Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Fed's Favorite Inflation Gauge Rises As Predicted, Consumer Spending Jumps At Fastest Pace In 9 Months (UPDATED)
This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...