Spot Gold reached a fresh all-time high following the second round of first-tier events, trading as high as $2,798.53 after Wall Street’s opening. The US Dollar (USD) came under selling pressure after ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
U.S. GDP growth slowed to 2.3% in Q4, weighed down by weak investment. Inflation ticked higher, while jobless claims fell, signaling a resilient labor market.
2.2% Friday 0830 Employment Cost Index 4Q +0.9% (20) +0.8% 0830 Personal Income Dec +0.4% (23) +0.3% 0830 Consumer Spending Dec +0.6% (23) +0.4% 0830 PCE Prices M/M Dec +0.3% (18) +0.1% 0830 PCE ...