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The US path to a much anticipated rate cut was well-drawn, particularly after Tuesday's CPI report coming along the Fed's ...
The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
Inflation has gone from creeping upward to surging, but investors are betting the effects of tariffs will be transitory.
WASHINGTON (Reuters) -U.S. producer prices increased by the most in three years in July amid a surge in the costs of goods ...
Sticky inflation be damned. Investors expect the Federal Reserve to cut interest rates by a quarter of a percentage point in ...
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Barchart on MSNDollar Falls on Weaker US Consumer Sentiment
The dollar index (DXY00) on Friday fell by -0.41%, undercut by Friday's weaker-than-expected US consumer sentiment report.
CME's closely watched FedWatch tool uses the futures market to predict rate-cut odds. It currently pegs at 93% the probability that at the central bank's next meeting, on Sept. 17, Fed Chairman Jerome ...
USD/JPY drops toward 147.00, down nearly 0.50% on the day, as the Yen gains on growth optimism and broad US Dollar weakness.
"We doubt that US tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be ...
CNN business reporter Matt Egan on Friday highlighted “solid” consumer spending in July amid President Donald Trump’s tariff regime. Retail and food services sales in July rose […] ...
The great-and-the-good of the American central banking world are off to the Fed’s annual Jackson Hole conference. And for Chair Jerome Powell, his appearance could hardly come at a more challenging ...
It’s been a little mixed,” Goolsbee said Friday, referring to recent inflation data in an interview on CNBC. “I feel like we ...
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