Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.

The USD/MXN exchange rate has recently pulled back, ending the strong Mexican peso sell-off a few weeks ago. It retreated from this month’s high of 20.93 to the current 20.40 and is hovering near its lowest point since December 26.

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

In its first policy decision after Donald Trump’s return as the President of the United States and after three consecutive rate reductions amounting to a cumulative 1%, the Federal Reserve decided to keep its overnight borrowing rate unchanged at 4.

In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to FactSet’s consensus estimates. They anticipate that the core measure of PCE inflation, which excludes volatile food and energy prices, rose 0.2% on a monthly basis and 2.8% over the past year.

It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage rates are actually driven by a range of factors, including the Fed's rate changes. This week's Fed rate decision does, however, have a big influence on where mortgage rates could head.

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The Fed began its quantitative tightening policy in the middle of March 2022 and the S&P 500 Stock Index ... of the Federal Reserve grew and stock prices rose. As stock prices rose, consumer ...

GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.

Realty, Oil & gas and healthcare shares advanced while consumer durables, media and IT stocks corrected. Trading was volatile due to the monthly Nifty 50 F&O series expiry today.