Dow Jones gains while S&P 500 and Nasdaq struggle. Traders assess Fed’s rate outlook as US stock market faces choppy trading.
Treasury yields rose after the consumer-price-index report and climbed further after a bond auction revealed weak demand.
Bitcoin surges past $87K as traders eye key resistance levels, with analysts debating a potential move to $110K or a correction below $80K.
However, the central bank revised its economic outlook, projecting slightly reduced growth and increased inflation for the year, alongside a modest uptick in the unemployment rate by 2025. “I mean ...
Goolsbee told CNBC that he’s been hearing more concerns from businesses in his region about the impact of tariffs.
Dow Jones Industrial Average last rose 179.29 points, or 0.42 per cent, to 42,142.92, the S&P 500 gained 19.70 points, or ...
It’s too early to say if “the inflationary effects will be transitory, especially given that companies and households still ...
If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...
There’s no cocktail a central banker hates more than high unemployment mixed with high inflation. That cocktail, also known as stagflation, was in the limelight after the Federal Reserve’s March ...
A key focus for the markets will be the upcoming implementation of new reciprocal and sectoral tariffs, slated to take effect ...
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
The Federal Reserve's quarterly dot plot also revealed how the central bankers expect the U.S. economy to perform this year.