Producer price index November 2024
A measure of wholesale prices rose more than expected in November, adding fuel to the belief that progress in bringing down inflation has slowed, the Bureau of Labor Statistics reported …
Federal Reserve System
Economists ‘really had it wrong’ about recession: market strategist
David Zervos, Jefferies Scott Mlyn | CNBC The Federal Reserve is expected to cut interest rates by another quarter point at the conclusion of its two-day meeting next week. “Two …
10-year Treasury yield slips on holiday-shortened trading day
Treasury yields were slightly lower early Friday, as U.S. markets head for a shortened trading day following the Thanksgiving holiday. The yield on the 10-year Treasury was 2 basis points …
10-year Treasury yield slides as key inflation report is as expected
Treasury yields slid Wednesday as a key inflation reading met expectations. The yield on the 10-year Treasury fell more than 3 basis points to 4.27%. The 2-year Treasury yield dipped 2 …
Powell and the Fed won’t be able to avoid talking about Trump forever
Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC. Kent …
Federal Reserve cuts rates after election. What that means for you
The Federal Reserve Building in Washington, D.C. Joshua Roberts | Reuters The Federal Reserve announced Thursday that it will lower its benchmark rate by a quarter point, or 25 basis …
Economists say policy is suppressing growth
Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4%, according to research by the Economic Policy Institute. This trend has often …
Why the Fed’s rate cut won’t immediately help car buyers or sales
Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters DETROIT — …
Minneapolis Fed President Kashkari sees slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week’s half percentage point reduction. “I think …
How to invest for a lower interest rate environment
It could be time to rethink popular portfolio strategies for a lower interest rate environment. The Federal Reserve’s half-percent rate cut on Wednesday marked the first time in more than …