Firms reported boosting hiring, supporting the Federal Reserve’s cautious approach to cutting interest rates this year.
Read More US business activity at nine-month low in January; hiring accelerates
Tag: price pressures
US consumers see lower inflation and debt delinquency risk, NY Fed survey shows
U.S. consumers in October, for the first time in five months, said they saw a lower risk of defaulting on their debt.
Read More US consumers see lower inflation and debt delinquency risk, NY Fed survey shows
Fed likely to hold rates steady one last time as inflation fight finale unfolds
The Federal Reserve is expected to open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the U.S. central bank’s 2% target.
Read More Fed likely to hold rates steady one last time as inflation fight finale unfolds
Wall St mixed as tech stocks attempt recovery, financials drag
Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.
Read More Wall St mixed as tech stocks attempt recovery, financials drag
Report: Inflation Increased Again In March As Consumer Spending Rose
According to the latest report, inflation increased in March, with a key barometer the Federal Reserve watches closely showing that price pressures continue to increase.
Read More Report: Inflation Increased Again In March As Consumer Spending Rose