Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected
Inflation as measured by personal spending increased in line with expectations in October, possibly giving the Federal Reserve more incentive…
Here’s what it would take for the Fed to start slashing interest rates in 2024
Interest rate cuts don’t happen during good times, something important for markets to remember amid hotly anticipated easing next year…
U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated
The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of better-than-expected…
Former Trump advisor says the U.S. economy is ‘back to normal,’ but markets may be jumping the gun on rate cuts
The U.S. economy is “back to normal” for the first time in two decades, but the market is getting ahead…
Fed’s Waller expresses confidence that policy is in the right place to bring down inflation
Federal Reserve Governor Christopher Waller said Tuesday he’s growing more confident that policy is in a place now to bring…
‘Funflation’ drives sporting event ticket prices up a whopping 25%
Dan Hornberger has been a fan of the National Football League’s Philadelphia Eagles for as long as he can remember.…
Geopolitical instability and a packed election calendar have strategists wary of 2024
Geopolitical risks will be the key threat to the economic outlook for 2024, as large-scale wars converge with a slew…
Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse
Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio…
The market thinks the Fed is going to start cutting rates aggressively. Investors could be in for a letdown
Markets seem to have taken this week’s positive economic data as the all-clear signal for the Federal Reserve to start…
Wholesale prices fell 0.5% in October for biggest monthly drop since April 2020
Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation…
