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Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
At the interbank foreign exchange, the rupee opened at 87.63, and oscillated between an intraday low of 87.72 and a high of ...
Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s consumer price index report for July. Policymakers should “reserve judgment” ...
Economists at Nomura Holdings Inc now forecast the US Federal Reserve (Fed) will begin cutting interest rates in September as ...
The Dow rumbles higher. The Dow didn’t just drift higher on Wednesday — it powered forward like an icebreaker through ...
Future rate cuts may be less likely if renting and construction costs contributing to housing inflation continue to grow.
EUR/USD surges on Wednesday, hitting a two-week high at around 1.1730 as the US Dollar (USD) gets battered, sponsored by ...
Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...
The Consumer Price Index in July rose 2.7% year-over-year, and so did grocery prices, which have gotten more expensive ...
The blue chip Dow Jones Industrial Average gained 1.0% to 44,922 on strength in UnitedHealth Group ( UNH, +3.9%) and Nike ( NKE, +3.1%). The IPO market remains hot as evidenced by today's market debut ...
Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...
There are pushes (e.g. proposed SLR change) and pulls (e.g. inflation) for Treasuries, but Wednesday features the pulls - ...
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