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In its latest published forecasts, in May, the bank said that if, as markets expected, it lowers its cash rate target to 3.4% ...
Persistent US core inflation keeps the Fed cautious, while slowing PPI eases pressure on manufacturers and input-sensitive ...
Now, while some administration officials and Fed governors expect any impact from tariffs to be temporary, other economists ...
Roger J Kerr says if US inflation doesn't increase to levels feared by the Federal Reserve and financial market participants, ...
In the week ahead, 112 S&P 500 companies are set to report quarterly results, with earnings season in full focus as the ...
Separately, U.S. President Donald Trump is pushing for a minimum tariff of 15% to 20% in any deal with the European Union, the Financial Times reported on Friday, adding that the administration is now ...
Wednesday's market drama on reports of an imminent ouster of Federal Reserve Chair Jerome Powell has calmed quickly, with ...
The significant shift after the last release of inflation was the rise in the probability of the Fed holding in September as ...
The stock market does not want Donald Trump to fire Jerome Powell.
This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a ...
Trump says he considered firing Fed Chair Powell, sending stocks on a sharp ride before markets closed higher amid interest rate hopes.
The figure for June marks the fastest rate of inflation, which measures how quickly prices are rising, since January 2024.