High interest rates and the rising cost of funding were already a top concern for CFOs. Now, that concern could grow ...
The November Personal Consumption Expenditures (PCE) data—the Federal Reserve's preferred gauge of inflation—was released Friday morning, coming in slightly below economists' expectations.
Friday's lower open in U.S. stocks and decline in Treasury yields indicates market participants were taking a bit of a split view on November's PCE inflation data. The morning drop in all three ...
A cut in January would require a potent combination of weak employment data in early January and lower-than-expected core CPI [consumer-price index] and PCE [personal consumption expenditures ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
Friday’s PCE data will come after the Fed cut interest rates by another 0.25% this week. Analysts expect the pace of cuts to slow in 2025 as progress on inflation slows and the labor market ...
Wall Street surged on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the possibility of a government shutdown and fresh tariff threats from U.S.
The report assumes significance after the Fed's new projections showed officials expect the core PCE to be stuck at 2. ... business and consumer confidence data from Italy are due later in the ...
The day's highlight will be the release of November's Personal Consumption Expenditures (PCE) price index — the Federal Reserve's preferred measure of inflation. Economists expect the core PCE, which ...
U.S. Dollar Moves Higher: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPYThu, 09 Jan 2025 16:49:08 GMT The Dollar’s Strength Continues in the Runup to the NFPThu, 09 Jan 2025 15:59:40 GMT ...