Gold Prices Plunge As US Dollar Gains Ground; Further Corrections Likely
The US CPI data fuelled the dollar's strength. Pranav Mer, Vice President, EBG-Commodity and Currency Research, JM Financial ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Gold Prices At 2-Month Low: Why Are Bullion Rates Falling?
The latest gold and silver prices are at their two-month lows as the prices below this were last recorded on September 20, ...
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A Deep Dive into the Drivers of CPI Inflation: Introducing Our New Data Page
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Fed does not need to 'be in a hurry' to lower rates: Powell
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Dow, S&P, Nasdaq decline as wholesale inflation slightly picks up pace
Major U.S. equity averages fell Thursday, as investors weighed a second straight report of firm monthly inflation, albeit within market expectations.  A loss Thursday would be the second in a row for ...
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Weekly Mortgage Rates Dip as Inflation Heats Up
Mortgage rates fell slightly in the week ending Nov. 14, marking the first time weekly rates have gone down since September.
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...