USD Trades Sideways; Caught Between Conflicting Signals
The USD index is trading just below 108 points, roughly where it was just over 24 hours ago after rising sharply because the U.S. CPI for January was stronger than expected.
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Bitcoin plunges on shocking CPI report – Is the crash just beginning?
The crypto markets have taken a hit after the release of the U.S. January Consumer Price Index report, which indicated a ...
Fed Needs Clarity on New Policies Before Rate Cuts, Bostic Say
Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank must gain more insight on proposed policy ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Finger-pointing over Fed's 2024 rate cuts will intensify, BMO says
Signs of resurgent inflation shown in January's consumer-price index can't be "easily explained away" by seasonal factors, and pressure will build on the Federal Reserve to stay on hold for a ...
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
Mortgage Rates Remain Near 6-Week Low for a Fourth Day
Rates on 30-year mortgages ticked up a minimal 1 basis point for a third consecutive day Tuesday, after a large drop last week. The flagship average now sits at 6.86%, just barely above the cheapest ...
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Do This With Your Money Now to Take Advantage of the Fed's Rate Pause
After three consecutive rate cuts, the Federal Reserve opted to hold rates steady at today's Federal Open Market Committee meeting. "Inflation has been coming down, but it's still not where the ...
The Federal Reserve holds interest rates steady: Here's what that means for your money
The Fed paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, auto loan and savings account.