In the wake of better-than-expected Consumer Price Index (CPI) numbers released last week, Federal Reserve Gov. Christopher Waller on Sunday confirmed that the central bank may consider slowing ...

The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.

which bases its calculations on the Consumer Price Index, a widely used indicator for inflation. Members of the Federal Reserve Board of Governors are appointed by the U.S. president and confirmed ...

EUR/USD shifted lower for a fourth consecutive trading day on Thursday, peaking near 1.0450 before softening to shed one-fifth of one percent on the day and ending just below the 1.0400 handle as the Euro’s near-term bull run draws to an end. A slate of German economic figures are due early Friday, followed by a key US inflation reading.

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,

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Friday, January 31, 2025. The spotlight will be on the Core PCE Price Index,

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

The December CPI report showed that core inflation continued to moderate in key areas like goods, even as the headline inflation rate ticked up slightly thanks to rising energy prices. Markets celebrated after that report, which eased investors’ worries about reaccelerating price pressures.

It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage rates are actually driven by a range of factors, including the Fed's rate changes. This week's Fed rate decision does, however, have a big influence on where mortgage rates could head.

Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.