Fed isn't expected to move on rates for next few months, Schwab's Sonders Says
The Federal Reserve isn’t likely to make a move on interest rates over the next few months, Charles Schwab (SCHW) Chief ...
Investors cheered December's inflation data. Experts say US economy is not 'out of the woods' yet.
December's CPI print finally showed some relief in core inflation. But the threat of sticky prices is still a reality for ...
Crypto Briefing1h
Fed’s Waller signals multiple rate cuts in 2025 as Bitcoin holds steady near $100K
Fed hints at multiple 2025 rate cuts as Bitcoin rallies above $99K after CPI data. Altcoins surge with Solana up 8% and XRP ...
American Banker2h
Bank stocks rise after strong earnings, easing core inflation
A midweek rally followed robust bottom line results from JPMorgan Chase, Wells Fargo, Bank of America and several other large banks. But further interest rate cuts may be needed to sustain momentum.
The latest inflation data puts the US economy back in the 'Goldilocks' zone
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Fed may cut rates sooner and faster than expected if inflation keeps cooling, key official predicts
As many as three or four quarter-percentage-point rate reductions could still be possible this year depending on how ...
Trump's tax cut plans face bond market headwinds, GOP lawmakers warn
President-elect Trump and Republican majorities in Congress are planning to pursue an ambitious tax cut plan, but some GOP ...
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
Dow Jones Today: Stocks Slightly Lower as Investors Digest Flurry of Earnings Reports
Shares of UnitedHealth Group ( UNH) were down 3.5% in premarket trading, weighing on Dow futures, after the healthcare giant reported disappointing quarterly results. Other health stocks, including ...
Stock Market Today: Dow, S&P 500 and Nasdaq turn lower; latest bank earnings see mixed reaction
Follow here to see if Wall Street can add to the big gains seen midweek after cooler inflation saw Treasury yields plunge, ...
Fed may cut rates sooner and faster than expected if disinflation holds up, Waller says
Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than ...