Forecasts for December PCE Report Show Continued Improvement on Core Inflation
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
Federal Reserve decides not to change interest rates despite pressure from Trump
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
2025 COLA Shortfall: Why Social Security Retirees Are Losing Spending Power
Social Security benefits received a 2.5% cost-of-living adjustment (COLA) in 2025, but for many retirees, this is not enough ...
Fed Pivots To Wait-And-See, Keeps Rates At 4.25-4.50%, Restarts Inflation Worries; QT Continues
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
Aussie inflation is falling! Now when will the RBA finally cut interest rates?
The S&P/ASX 200 Index (ASX: XJO) is enjoying another day of gains amid sliding inflation. So, when will the RBA start cutting ...
Luxury CEO sounds the alarm on a growing problem
Consumers tell us their budgets are being stretched,” CEO Brian Cornell said during a recent earnings call. “They’re becoming ...
When will mortgage rates go down? Here's what Australia's biggest banks say
Australia's biggest four banks are all predicting the Reserve Bank of Australia (RBA) will cut the official cash rate from ...
BusinessMirror19h
The Filipino’s inflation struggle
IN the grand, often bewildering economic theater of the Philippines, where the script seems to shift from comedy to drama with the regularity of the morning sun, we find ourselves in early 2025, ...
The Financial Express22h
Budget 2025 Expectations: Will FM Sitharaman tweak income tax slab, boost consumption? A look at key expectations from Budget
Expectations, Income Tax Revise, Real Estate Sector, Education Sector: Finance Minister Nirmala Sitharaman is expected to ...
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ASX Lunch Wrap: Bargain hunters swoop in; Does CPI make RBA rate cut a lock?
Tech stocks help ASX bounce back, Aussie CPI drops to 2.4pc to spark rate cut hopes and wine exports soar ... Read More The ...
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...