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US stocks stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring optimism around a large September rate cut. July's Producer Price Index (PPI) came in ...
Trump has repeatedly lambasted Federal Reserve Chair Jerome Powell (who’s a banker, not an economist) for refusing to cut interest rates. Many economists think the Fed is right to stand pat, given ...
A stronger-than-anticipated inflation reading reminded investors that Bitcoin remains a highly volatile asset just hours ...
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
Mortgage interest rates just fell to their lowest point since October 2024. Here's when they could fall again.
Most stocks are falling on Wall Street following a disappointing update on inflation. But gains for Amazon and other ...
The token’s rejection at $0.26 came amid a broad crypto pullback, with the CoinDesk 20 Index sliding 4% and rate-cut hopes fading.
U.S. wholesale inflation surged unexpectedly last month as President Trump’s sweeping taxes on imports are pushing costs ...
Hot CPI and PPI data, coupled with rising tariffs, signal growing inflation risks. Discover why a September rate cut could ...
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