Fed’s Preferred Inflation Gauge Won’t Show the Progress Officials Want to See
Inflation data coming Friday should show a quicker rise in consumer prices at the end of 2024, supporting the Federal Reserve’s latest decision to hold off on further rate cuts. The Bureau of Economic Analysis will release the personal consumption expenditures,
The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
5-year break-even inflation rate is above worrisome level as Powell speaks
As Fed Chair Jerome Powell addressed reporters on Wednesday, one market-based measure of inflation expectations continued to reflect ongoing concerns about more upside risks to prices. It's the five-year break-even inflation rate,
Euro Falls Versus Dollar on Trump Tariff Threats, Low French Inflation
The euro falls to a 10-day low against the U.S. dollar on concerns about tariff risks after U.S. President Trump reiterated threats of hefty levies on Canadian and Mexican goods.
Stocks Await More Earnings After Strong Start And Better Inflation
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.
Stock Market Today: Dow falls nearly 140 points, S&P 500 and Nasdaq end lower, bond yields rise as Fed pauses rate cuts, signals no hurry to resume
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.
S&P 500 futures are little changed as investors parse Apple earnings, await inflation data: Live updates
S&P 500 futures are near flat Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report. Futures tied to the broad index ticked higher by 0.1%, while Nasdaq 100 futures added 0.3%. Dow Jones Industrial Average futures added 53 points, or 0.1%.
Earnings Season Gets Real As The Magnificent 7 Begins Reporting
The second busiest week of earnings season includes four of the Magnificent 7. Chair Powell’s comments will be more important for markets than the Fed's rate decision.
Japan Raises Interest Rates to Highest Level Since 2008
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.
Apple Stock Rises After Better-Than-Expected Earnings, iPhone Sales Slip
Apple shares rose over 3% in premarket trading, after the company reported better-than-expected earnings but said iPhone sales fell slightly in the December quarter. iPhone sales were down nearly 1% on the year at $69.
Franklin Mutual Quest Fund Q4 2024 Commentary
During Q4 2024, global stocks were pressured by investor concerns about economic growth and persistent inflation in some regions & despite potential for further interest rate cuts in 2025.