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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 ...
Goldman Sachs forecasts a 2.5% increase in the U.S. GDP compared to its 2.8% growth in 2024. Despite that slight dip, the healthy 2.5% clip would indicate the widespread recession fears of 2022 ...
Business investment activity trends at record levels. Orders for nondefense capital goods excluding aircraft — a.k.a. core capex or business investment — declined 0.6% to $73.7 billion in October.
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 ...
Wall Street's main indexes slipped on Tuesday, weighed down by technology stocks after a batch of upbeat economic data stoked uncertainty among investors about the pace of monetary policy easing ...
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 ...
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 ...