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As our Chart of the Week shows, the firm’s base case for 2025 shows continued quarters of 2% GDP growth, a respectable outlook by any measure. But, as BofA’s team pointed out, “Our base case ...
Image source: Getty Images. Here's why the Fed cut rates in September and November. The U.S. government injected trillions of dollars into the economy during 2020 and 2021, while at the same time ...
The print will be published Wednesday morning, and could sway the Federal Reserve's interest rate decision next week. Economists expected prices to have risen 2.7% on an annual basis, slightly ...
5 charts showing stock market valuations stretched to historical extremes. A strong jobs report this week will boost the "American exceptionalism" trade , BofA says.
The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
The latest employment data, released Thursday, shows weekly jobless claims increased slightly to 221,000, a gain of 3,000 from the week before and in line with expectations.
It fell 0.3% last week. Oil prices rose after OPEC+ said on Sunday it would delay a planned December output hike by one month. Brent futures rose 1.8% to $74.41. U.S. West Texas Intermediate (WTI ...
The lofty dollar has sent gold prices down 4.4% this week to $2,565, bringing the monthly loss so far to a sizeable 6.5%. Brent crude futures fell 90 cents to $71.66, on the prospect of U.S ...
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