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Inflation Cools, But 'Too Soon To Blow The All Clear,' Economist Says
Thursday, April 10, 2025 - 11:32am | 709The annual inflation rate eased more than expected in March, coming in at 2.4% on Thursday's Consumer Price Index report. Multiple economists emphasized that March's cooling may be temporary, as President Donald Trump's reinforced tariffs and trade measures could reverse progress by raising...
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'Inflation Will Accelerate In Coming Months' If April 2 Tariffs Take Effect, Economist Warns
Friday, March 28, 2025 - 2:00pm | 629The Federal Reserve's preferred measure of inflation came in hotter than expected on Friday. Experts are weighing in on how the latest data could affect the road ahead. The Details: The Personal Consumption Expenditures (PCE) price index rose 2.5% year-over-year, matching January's reading...
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'Negative GDP Growth Is More Likely Than Not' In Q1, Economist Warns
Thursday, March 27, 2025 - 1:25pm | 714Wall Street received some positive data Thursday morning after the Bureau of Economic Analysis upwardly revised U.S. gross domestic product growth for the fourth quarter of 2024. But, experts are concerned about upcoming GDP estimates as the effects of new trade policies are felt. The Data: The...
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Trump's 25% Auto Tariff Raises Will Put Pressure On Interest Rates, Says Economist — Tesla Investor Gary Black Says President Found 'Further Ways To Push The Economy Into Recession Today'
Wednesday, March 26, 2025 - 10:05pm | 1117President Donald Trump‘s announcement of a 25% tariff on auto imports has sparked widespread concern among economists and market analysts, with many warning of potential severe economic consequences. What Happened: The tariffs, set to take effect on Apr. 3, aim to boost domestic auto...
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Key Inflation Measure Falls In January: 'Should Catch The Fed's Attention,' Economist Says
Friday, February 28, 2025 - 12:59pm | 517The Federal Reserve's preferred gauge of inflation marked its first decline in four months Friday. Markets and economists are reacting to the latest PCE data. Expert Ideas: January's PCE price index and core PCE price index both rose 0.3% on the month, inline with expectations. The index...
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US, Russian Officials Begin Ukraine Peace Talks: Defense Sector Stocks Rise
Tuesday, February 18, 2025 - 11:49am | 568Officials from the United States and Russia held peace talks on Tuesday without the presence of Ukrainian or European officials. The Details: U.S. officials led by Secretary of State Marco Rubio met with Russian officials led by Foreign Minister Sergey Lavrov in Saudi Arabia to begin...
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Inflation Rises In January, Housing Costs Up, Adding To Consumers' 2025 Concerns
Wednesday, February 12, 2025 - 1:36pm | 699The January Consumer Price Index came in higher than expected with inflation hot to start 2025. What Happened: CPI rose 3% on a year-over-year basis in January, missing expectations for 2.9%. CPI was up 0.5% on an adjusted basis from December to January, up from 0.4% in the previous report. Rising...
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Inflation Rises Again: May Be 'End Of The Road' For Interest Rate Cuts, Expert Says
Friday, January 31, 2025 - 12:16pm | 566The Personal Consumption Expenditures price index, the Federal Reserve's preferred inflation measure, rose 2.6% in December 2024, according to data released Friday. While the data were in line with expectations, it marks the third consecutive increase in annual PCE inflation, following a low of 2.1...
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First Interest Rate Cut May Not Come Until June 'If At All,' Economist Warns As Fed Holds Steady
Wednesday, January 29, 2025 - 5:11pm | 463The Federal Reserve held interest rates steady at a range of 4.25% to 4.5% on Wednesday, following a series of three consecutive rate cuts that began in September. Here's a look at how experts see the Federal Reserve's path ahead. Expert Ideas: Multiple economists noted that the language in the...
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December Jobs Report A 'Wake-Up Call For Anyone Betting On Rate Cuts,' Analyst Says
Friday, January 10, 2025 - 12:19pm | 625The U.S. economy closed 2024 with a robust jobs report, adding 256,000 payrolls in December, far exceeding expectations. Despite the strong showing, economists are cautious, citing the continued inflationary pressures that may deter the Federal Reserve from cutting rates anytime soon. A Resilient...
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Dollar, Treasury Yields, Stocks Fall In Tandem After October Inflation Uptick
Wednesday, November 27, 2024 - 1:37pm | 599A widely expected increase in the October Personal Consumption Expenditures (PCE) price index — commonly regarded as the Federal Reserve's preferred inflation gauge — triggered fresh losses for the U.S. dollar, while Treasury yields and U.S. stocks also slid in tandem. By 11:10 a.m. ET in New York...
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Shock October Jobs Report Leaves Fed In 'Tight Spot': Experts Say Interest Rate Cuts Ahead
Friday, November 1, 2024 - 12:01pm | 581The October employment report released Friday morning showed the U.S. economy added only 12,000 jobs in October, well-below estimates of 113,000 and the lowest monthly pace since December 2020. Economists are weighing in on the impact of the hurricanes on the report and the potential for future...
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Inflation Decline Strengthens Confidence In Fed's Interest Rate Cut: 'If You Were Second Guessing The Fed... You Aren't Now'
Friday, September 27, 2024 - 10:37am | 912Friday's Personal Consumption Expenditures (PCE) Price Index report showed lower inflation in August than expected, which has economists cheering the results and their positive impact for consumers and the stock market. What Happened: The Personal Consumption Expenditures Price Index is the...
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Inflation Is 'Becoming Boring Again' As Numbers Are 'Right On Target': Economists
Friday, August 30, 2024 - 11:02am | 648Friday’s report on inflation indicated that prices are beginning to moderate as consumer spending continues to exceed expectations and the economy remains resilient, according to economists. “This is a double dose of good news on inflation and economic growth. Inflation prints are...
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Fed Meeting Preview: Is A March Rate Cut Likely?
Monday, January 29, 2024 - 2:57pm | 1071There’s little doubt that the Federal Reserve Open Market Committee (FOMC) meeting this Wednesday will opt to maintain interest rates unchanged within the 5.25% to 5.5% range while also keeping their quantitative tightening program running at the same pace. But, the real focus lies in the...