Traders bet Fed's next rate cut will wait until June
After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Key US inflation measure posts largest monthly gain since last April
U.S. inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal ...
The Stock Market Is Driving the Economy. How Long Will That Last?
Surging stock prices have fueled consumer spending, which has boosted economic growth. A market selloff could put a lid on ...
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...