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Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...
PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant ...
This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a ...
A healthy crop of earnings helped European stocks bust out of a four-day losing streak on Thursday, Wall Street was watching ...
The Nasdaq rose to a record high on Thursday, leading a cautious climb across Wall Street's major indices, as strong economic ...
What Happened in Markets Today The debate on the Fed continued. Former Federal Reserve governor Kevin Warsh, a potential nominee to succeed Fed Chair Jerome Powell, said on CNBC that the Fed should ...
Apollo, for one, expects just one rate cut in 2025. JPMorgan strategists forecast two. Goldman Sachs last week updated its ...
The S&P 500 is on the cusp of a new record high following the central bank’s dovish forecast on interest rates. But some market watchers are questioning the durability of the rally.
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.
U.S. stock indexes are ticking higher on Wednesday following a better-than-expected update on inflation across the country.