Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
Markets are still pricing in another cut in interest rates of 25 basis points when the Fed meets in two weeks. Unless things ...
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact that ongoing price increases in ...
ThePrint52 分钟
Gold prices tick higher on benign US employment data
Gold edged higher on Wednesday after data showed U.S. private payrolls rose at a moderate pace last month, while investors digested remarks from Federal ...
Why Meta Platforms (META) Will Be a Major Beneficiary of AI
We recently published a list of 10 Stocks That Will Benefit From AI. In this article, we are going to take a look at where ...
Crikey1 小时
Australia experiences worst growth rate in decades
The September quarter saw Australia's economy experience its weakest growth in decades (outside of the pandemic), and the ...
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest ...
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
Powell says Fed can afford to be a little more cautious
U.S. Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in ...
Tribune2421 小时
Foreign LPIA departures fall 11% in tourism drop
# Foreign air departures from Nassau’s Lynden Pindling International Airport (LPIA) declined by 11.1 percent year-over-year in October 2024 to signal the extent of the fall stopover tourism slowdown.
Powell: Fed’s independence from politics is vital to its interest rate decisions
Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for ...
Powell remarks watched for sign of pushback or support of Fed rate cut
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a "quiet" period for Fed ...
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could ...
CPI inflation report to hold more sway over Fed expectations than jobs data
This week's data, including Friday's nonfarm payrolls report for November, is unlikely to shift the Federal Reserve's bias toward cutting interest rates on Dec. 18, according to strategists at BMO ...