The Fed Is Losing the Inflation Battle as Trump 2.0 Looms
Fed chair Jerome Powell says inflation and interest rates will be higher next year than previously thought. If anyone should ...
S&P 500: Was Friday’s Rally the Start of Sustained Gains or a Short-Lived Bounce?
S&P 500 rises on softer inflation but logs weekly loss. Traders eye potential Fed rate cuts in 2025 as markets weigh Friday’s ...
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
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Rupee hits record low before recovering slightly
The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aided by likely dollar inflows, although its losing steak persisted into a seventh straight week.
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US stocks end sharply higher, dollar drops after inflation report
Wall Street surged on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the possibility of a government shutdown and fresh tariff threats from US ...
Why gold remains vulnerable despite a sharp uptick on Friday
The US Dollar Index surged to 108.541, its highest since November 10, 2022, driven by the Fed's hawkish stance and strong US ...