US inflation likely remained sticky-high last month, threatening interest rate cuts

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much ... Read More

Key Economic Indicators To Watch This Week: US Inflation, Dollar Impact, and More

The U.S. will see significant inflation data, including the producer price index and the consumer price index. Retail sales may indicate solid consumer spending, a ... Read More

Breaking: US Nonfarm Payrolls increase by 256,000 in December vs. 160,000 expected

Nonfarm Payrolls (NFP) in the US rose by 256,000 in December, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 212,000 increase (revised from 227,000) recorded in ... Read More

Dollar Rebounds as Bond Yields Rise on Strong US Economic News

The dollar index (DXY00) today is up by +0.18%. The dollar today recovered from early losses and moved mildly higher as T-note yields jumped on the stronger-than-expected US Nov JOLTS job openings and ... Read More

US Dollar Index hovers near fresh 25-month highs, 108.50, PCE Inflation awaited

The US Dollar ... forecast of 230,000. Traders will likely observe key economic figures from the United States including Personal Consumption Expenditures (PCE) and Michigan Consumer Sentiment ... Read More

Strongest US dollar since 2022 bear market: 5 things to know in Bitcoin this week

The Fed also faces a struggle to contain US dollar strength — a crypto headwind now at its highest since late 2022. Binance’s take buy/sell ratio shows signs that Bitcoin may become a firmer “bid” ... Read More

US dollar firms as strong jobs data supports Fed easing pause

The U.S. dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its ... Read More

Stock market today: Dow, S&P 500, Nasdaq fall as comeback bid falters and Tesla, Apple slide

The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to Freddie Mac data. 15-year mortgage rates jumped to 6.13% from 6% a week ... Read More

Dollar edges up on bets of US growth, inflation

Fed policymakers raised their inflation projections for 2025 and cut their interest rate forecast to 50 basis ... shopping among consumers. The dollar index =USD was last up 0.13% at 108.25. Read More

Dollar gains on yen on bets of US growth, inflation

Fed policymakers raised their inflation projections for 2025 and cut their interest rate forecast to 50 basis ... shopping among consumers. The dollar index was last up 0.02% at 108.13. Read More

US consumer spending solid; inflation showing progress as year ends

There was also good news on inflation ... expenditures (PCE) price index rose 0.1% after an unrevised 0.2% gain in October. A column chart titled "Monthly change in US Personal Consumption ... Read More