Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.
Read More Dow leads Wall St higher in lean trading week
Tag: borrowing costs
Fed’s Goolsbee says he sees three rate cuts this year
Chicago Federal Reserve Bank President Austan Goolsbee said that he penciled in three rate cuts for this year.
Read More Fed’s Goolsbee says he sees three rate cuts this year
US retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerate
US weekly jobless claims fall slightly more than expected
The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.
Read More US weekly jobless claims fall slightly more than expected
Fed says more ‘confidence’ needed on inflation front before rate cuts can start
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
Read More Fed says more ‘confidence’ needed on inflation front before rate cuts can start
US job growth accelerates in December; wage gains solid
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
Read More US job growth accelerates in December; wage gains solid