Powell would like investors to treat good news as good news
The US economy continues to do well. Jerome Powell wants investors to think that's a good thing.
Source: yahoo.com
Page 3 - Core Pce News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Core Pce. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Core Pce Today - Breaking & Trending Today
Marketmind: PCE in our time as US economy impresses
There was little for markets to dislike in the impressive sweep of U.S. economic and corporate healthchecks on Thursday - unless of course you're wary of higher oil prices or hold Tesla shares. The icing on the cake later today would be confirmation in December's PCE inflation update that the Federal Reserve is effectively hitting its target already as it prepares to meet next week for the first time in 2024.
Source: yahoo.com
The Fed's big miss on inflation has doomed the US to recession this year, top economist says
"Monetary policy now is as tight as it has ever been on the precipice of a recession."
Source: yahoo.com
Asian stocks dip as China sidesteps rate cut
Investors have become used to being underwhelmed by activity as Beijing drip feeds its stimulus
Source: businesslive.co.za
US inflation cools considerably in November
U.S. prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3%, and boosting financial market expectations of an interest rate cut from the Federal Reserve next March. The report from the Commerce Department on Friday also showed underlying inflation pressures continuing to subside. Cooling inflation left more income at the disposal of households, helping to underpin consumer spending and the overall economy as the year winds down.
Source: aol.com