Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
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Wholesale prices rose 0.5% in April, more than expected
Wholesale prices jumped more than expected in April, putting up another potential roadblock to interest rate cuts anytime soon. The…
Inflation outlook rises, fueled by expected increases for housing costs, New York Fed survey shows
Consumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation…
This inflation-focused ETF may be in a sweet spot
It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this…
Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years
LONDON — A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders…
Renters’ hopes of being able to buy a home have fallen to a record low, New York Fed survey shows
The dream of home ownership has gotten even further away for renters, with higher housing costs and elevated interest rates…
‘A lot of money on the sidelines’: Calamos Investments thinks ETFs should target CD, money market customers
There may be an untapped market for exchange-traded funds. According to Calamos investments’ Matt Kaufman, there are trillions of dollars…
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, lifting hopes that the Federal…
Turkey’s inflation accelerates to nearly 70% in April
Turkey’s inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday. The highest consumer…
Here’s what to expect from the April jobs report on Friday
Hiring likely continued at a brisk pace in April as investors look for any cracks in the labor market that…
