Search results
Results from the WOW.Com Content Network
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
(Reuters) -Wall Street's main indexes were little changed in choppy trading on Tuesday, as investor focus remained on a key inflation report due later this week that could influence the Federal ...
Attention now turns to the Personal Consumption Expenditure report, the central bank's preferred inflation gauge, due at 10 a.m. ET. Economists polled by Reuters expect prices to increase by 2.3% ...
The Federal Reserve's latest inflation forecast published in September said core PCE — the central bank's preferred inflation reading — will likely finish next year at 2.6%, down from 3.7% at ...
A string of hotter-than-expected inflation reports in January have led Kolanovic and others to conclude that inflation's bumpy path to the Fed's 2% target should have investors worried as stocks ...
The median forecast of economists polled by Reuters is for headline and core U.S. consumer prices increasing 0.3% month on month for November. No forecasts were above 0.3%, which analysts say ...
Wells Fargo said there’s little reason to ease policy in the near term due to stubborn inflation and resilient economic activity. QT tapering is anticipated in May, with Treasury caps set at $30 ...
Wall Street opened lower on Thursday as hotter-than-expected September inflation data reinforced expectations of a 25-basis-point rate hike by the Federal Reserve at its upcoming meeting. The Dow ...