Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core ...
Longer Treasury bonds were rallying Wednesday on strong economic data and sticky inflation. The combination pulled the 10-year Treasury lower by 6 basis point to 4.23%, with traders taking the ...
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
The Federal Reserve’s go-to inflation measure, the personal consumption expenditures (PCE) price index, rose 2.3% ...
WASHINGTON (AP) — The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer ...
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate ...
The Dow topped 45,000 for the first time but Wall Street’s main indexes fell on Wednesday, with the Nasdaq leading declines ...
Stocks wavered in morning trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the market ...
Rob, my borrowers would be really happy with rates below 7 percent. When will we get there?” A wise economist with the MBA ...
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