Indeed, Greg McBride, chief financial analyst at Bankrate, tells us that with this move, and future risk that the Fed resumes cutting rates if inflation pressures ease, there’s no benefit to waiting ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and ...
The PCE report is due at 8:30 a.m. ET Friday. The ECB reduced its key interest rate to 2.75% from 3% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the fifth ...