Fed-funds futures traders inched closer to an almost 50% chance that the Federal Reserve will cut its benchmark interest rate by May, after Fed governor Christopher Waller told CNBC he sees a ...

Investors are gearing up for more economic data and bank... Gold Rises as Markets Expect More Fed Rate Cuts After CPI Release Gold (XAU/USD) increased by 0.7% on Wednesday as the US dollar (USD ...

while the S&P 500 gained 1.8%. The tech-heavy Nasdaq Composite soared 2.5%. Given the mixed inflation data, some economists predicted the Fed is likely to hold off on a rate hike at its Jan. 29 ...

US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve interest-rate cuts. The rally slashed Treasury yields across maturities ...

The odds of a January 2025 Fed rate cut were only 2.7% the night before the report's release on January 14 at 9:46 p.m. ET, according to the CME FedWatch Tool. The probability of a January 20 Fed ...

While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...

Markets showed little reaction to the Fed Beige Book release. The S&P 500, tracked by the SPDR S&P 500 ETF Trust SPY, maintained its session gains of 1.8%. Tech stocks rallied further during early ...

Source: Bureau of Labor Statistics By The New York Times By Ben Casselman Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may ...

It was the first drop on a core basis after three months of being stuck at 3.3%. "This latest inflation reading confirms a Fed rate cut skip at the January FOMC meeting," said EY chief economist ...

The incoming Trump administration will try to get federal workers back into offices and reduce telework, the nominee to lead the White House Office of Management and Budget said Wednesday.

"The federal government must serve the interests of taxpayers, and taxpayers are best served by a lean, efficient, transparent, and accountable bureaucracy," the first principle read, according to ...

It has yet to breach this level that was first set in October 2022. BMI said the US Federal Reserve’s hawkish tilt amid lingering inflation concerns has caused volatility among emerging market ...