Stocks Slip After Fed Keeps Rates Steady, Points to Sticky Inflation
Stocks fell after the Federal Reserve kept interest rates steady at its January meeting. The Nasdaq Composite was down 1.1%. The move to pause cutting rates was widely expected by traders, so Federal Reserve Chair Jerome Powell’s press conference at 2:30 p.
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The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as ...
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal ...
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Harvard's Ken Rogoff expects a 'wild ride' for the economy under Trump — and warns the dollar may slumpHarvard economist Kenneth Rogoff said rate cuts were a "pipe dream" and warned the soaring US national debt could fuel ...
The dollar steadied on Wednesday ahead of the U.S. Federal Reserve's policy decision, with investors on edge for hints of how ...
Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many ...
The global economy is on edge as U.S. President Donald Trump's proposed tariffs ripple across financial markets, sparking ...
Zimbabwe's inflation rate rose sharply in January in both U.S. dollar and local currency terms, spurred by food and housing ...
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Zimbabwe's annual inflation jumped to 15% in US$ terms in January as food and housing costs surgedBy bne IntelliNews Zimbabwe's inflation increased in both US dollar and local currency terms in January 2025, driven by food, housing, utilities and fuel costs, according to the national data agency.
Crucial inflation data on January 29 may dictate the RBA rate path, with softer CPI reinforcing February rate cut bets. Hawkish Fed stance could drag AUD/USD toward $0.60. The Aussie dollar ...
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President ...
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