Inflation remains a concern for the Federal Reserve and provides the chief reason why the Federal Open Market Committee ...
Spot Gold reached a fresh all-time high following the second round of first-tier events, trading as high as $2,798.53 after Wall Street’s opening. The US Dollar (USD) came under selling pressure after ...
The US Dollar trades flat after an uneventful Federal Reserve interest rate decision.
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...
The following are median forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon. (END) Dow Jones Newswires ...
Growth was driven mostly by household consumption, which rose at an annualised rate of 4.2 per cent in the fourth quarter — well above consensus expectations of a 3.2 per cent rise, and above the ...
U.S. stock futures moved marginally higher on Thursday following the latest flurry of U.S. economic reports. Investors received the first reading on Q4 GDP. The data showed the U.S. economy expanded ...
As was expected, the FOMC announced it would hold its federal funds rate target at 4.25-4.5 percent. This ended the ...
Broadcom rose 5% on Thursday as Meta Platforms announced plans to increase use of chips designed with Broadcom.
Inflation picked up in October, but remains more or less on track. The Personal Consumption Expenditures Price Index (PCEPI), ...
The US Federal Reserve on Wednesday left the target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent ...
President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the ...