Latest PCE inflation report would justify first-half Fed rate cut: CMC
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
Germany annual CPI inflation softens to 2.3% in January vs. 2.6% expected
Annual inflation in Germany softened unexpectedly in January. EUR/USD continues to trade in a tight range at around 1.0400. Inflation in Germany, as measured by the change in the Consumer Price Index ...
FrontView REIT, Negatives Outweigh The Positives
FrontView REIT's IPO struggles after FED rate hikes affect real estate stocks, despite owning prime properties in top US ...
Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
Gold Price Forecast: XAU/USD set to extend record-rally beyond $2,800 as Trump’s tariffs loom
Gold price is battling $2,800, sitting at its highest level on record early Friday. Renewed US Dollar selling and US President Donald Trump’s tariff threats help keep Gold price afloat ahead of the US ...
European Midday Briefing: Stocks Rise, Buoyed by ECB Rate Cut
The big test for product comes in 2026, when VW tries to play catch-up in electric vehicles with four models priced below 25,000 euros, according to industry analyst Matthias Schmidt. The U.K.'s ...
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
Inflation Stayed At 2.8% In December, Per Fed’s Preferred Metric—‘Further Progress’ Needed For Rate Cuts
Inflation has stalled above policymakers’ 2% target, according to data released Friday morning, bolstering the case for the Federal Reserve’s decision earlier this week to pump the brakes on its ...
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Gold double jumps to all-time high
Increases by Rs3,100 to Rs291,800/tola; forex drops by $76m on debt repayment; rupee dips slightly to 278.97/$ ...
Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with ...
Fed's Favorite Inflation Gauge Rises As Predicted, Consumer Spending Jumps At Fastest Pace In 9 Months (UPDATED)
This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...
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Retail & Consumer
Walmart Canada said on Thursday it is investing about C$6.5 billion ($4.51 billion) to build new stores and expand its supply chain, marking its biggest ever investment since opening its first ...