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Emerging-market currencies weakened on Thursday and sovereign bond yields moved higher after the U.S. dollar gained ground on fresh signals from the Federal Reserve that investors should expect fewer…
Chicago Fed President Austan Goolsbee said Friday that the Federal Reserve should keep interest rates unchanged until there is clearer proof inflation is moving back toward its 2% target. His…
The U.S. economy grew at an annualized pace of 3% in the first quarter, according to the latest Reuters report, exceeding economists’ expectations. The reading points to continued resilience in…
Global equities moved higher on Friday after Federal Reserve Chair Jerome Powell signaled that the central bank may pause further rate increases. The comments eased investor concerns about additional…
Federal Reserve officials are taking a more careful stance on interest-rate cuts after the latest inflation report offered a mixed picture. Core CPI came in slightly above forecasts, reinforcing…
New York Fed President John Williams said Friday that the U.S. economy remains in a solid position, even as companies and consumers face fresh uncertainty tied to possible new tariffs. Williams…
Asian equities opened slightly higher on Friday as investors stayed cautious ahead of the next U.S. inflation reading, a report that could influence expectations for Federal Reserve policy. The…
Federal Reserve policymakers judged that inflation risks remain tilted to the upside in the near term, according to minutes from the central bank’s June meeting released Wednesday. The discussion…
U.S. mortgage rates rose this week to their highest level since early May, adding pressure to homebuyers and the broader housing market. The average 30-year fixed mortgage rate increased to 6.89%,…
The Federal Reserve, European Central Bank and Bank of England are expected to keep interest rates unchanged at meetings this week, as policymakers weigh signs of cooling inflation against…
US mortgage rates slipped to their lowest level in two weeks this week, giving homebuyers and refinancers a modest bit of relief. The average 30-year fixed mortgage rate fell to 6.78%, according to…
Traders increased their expectations for a Federal Reserve rate cut after new inflation data showed price growth easing in June. The latest consumer price index rose 2.6% from a year earlier, a sign…
