As Friday afternoon trading kicked off in New York, the Dow Jones Industrial Average was wavering but appeared to be on track for its biggest three-week rise since late 2022. On a weekly basis, the ...
The Fed's preferred inflation gauge, the personal consumption and expenditures index, rose 0.3% from November and 2.6% ...
The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...