Fed Pivots To Wait-And-See, Keeps Rates At 4.25-4.50%, Restarts Inflation Worries; QT Continues
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
One chart shows that low-income Americans get hit hardest by inflation
The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four ...
Federal Reserve holds interest rates steady amid inflation uncertainty
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...
Barron's15d
US Consumer Inflation Rises In December But Underlying Pressures Ease
US consumer inflation rose for a third straight month in December ... up from 2.7 percent in November, the Labor Department said in a statement on Wednesday. This was in line with the median forecast ...
US retail sales exit 2024 with momentum; labor market on solid ground
U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong ...
The latest inflation data puts the US economy back in the 'Goldilocks' zone
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...