US economists are looking for monthly headline CPI at 0.31%, which would keep the year-on-year rate at 2.9%. Core CPI is ...
Oil prices fell 1% on Wednesday, ending three days of gains, as industry sources pointed to rising U.S. crude stockpiles and hawkish remarks from Fed Chair Jerome Powell ...
-- The yield on the 30-year Treasury BX:TMUBMUSD30Y climbed 0.9 basis points to 4.760%. The U.S. consumer price index for January will be released at 8:30 a.m. Eastern on Wednesday. Economists expect ...
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9 percent from a year ...
Shares edged higher as traders parsed the latest earnings news and looked forward to a key US inflation print later for clues on the outlook for interest-rate cuts.
Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Federal Reserve Chair Jerome Powell's hawkish comment cemented views of ...
Gold rates fell nearly 1% in morning trade on Wednesday following hawkish comments from US Federal Reserve Chair Jerome ...
GOLD eased on Wednesday (Feb 12), after hitting an all-time high in the previous session on global trade war fears triggered ...
Tuesday saw the GBP/USD shake off its near-term bearish momentum, cutting off a three-day losing streak and recovering some ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair tried to steer clear of politics.
The Federal Reserve does "not need to be in a hurry" to adjust monetary policy as the economy remains strong, Chair Jerome Powell said Tuesday, reiterating prior remarks that the central bank was in ...
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.