Was the Fed’s hike one-and-done? Analysts weigh what comes next
The Federal Reserve delivered its first rate hike since July 2023 on Wednesday, lifting the federal funds target range by 25 basis points to 3.75%-4% in a unanimous 12-0 decision.The…
Economy
6 posts
Column: The Fed’s inflation problem is getting harder to ignore
It has been the case for many years now that Core PCE, that is, the Personal Consumption Expenditures index, excluding food and energy, has been the US Federal Reserve’s preferred…
US PCE in July higher than expected at 3.7%, but core PCE matches forecast
US consumer prices rose slightly in July, with the Federal Reserve’s preferred inflation gauge showing that price pressures remain elevated as policymakers weigh the next move on interest rates.The personal…
US inflation test is hours away: 3 stocks most exposed to the PCE surprise
US markets face a key inflation test on Wednesday as investors wait for July’s personal consumption expenditures report, which could reset expectations for interest rates and Treasury yields.The Bureau of…
America wants cheaper debt: why Wall Street says Treasury tricks won’t fix it
America’s problem is not that investors have stopped trusting Treasury debt, but that they increasingly want to be paid more to hold it.Long-term US yields remain close to multi-decade highs…
US-Canada trade talks collapse as 50% tariffs take effect: what happens next?
The United States and Canada appeared close to a trade agreement earlier last week.Instead, negotiations broke down on Friday, prompting Washington to impose 50% tariffs on some Canadian products beginning…