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…
Here’s the inflation breakdown for October 2023 — in one chart
Inflation declined in October, continuing a broad slowdown as gasoline prices retreated during the month. However, price pressures remain under…
Inflation was flat in October from the prior month, core CPI hits two-year low
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their…
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost…
U.S.-China relations are now more about crisis prevention
BEIJING — After another rocky year of U.S.-China tensions, the two countries’ presidents are set to meet this week in…
