Traders bet Fed's next rate cut will wait until June
After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...
Fed’s favoured inflation gauge ends 2024 with a muted advance
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
What is 'GDP Growth Target'
GDP growth target is the expected rate of increase for a country's Gross Domestic Product (GDP). Governments and central banks set this target for a specific period. It is part of broader economic ...
ECB should use bond buys more sparingly in future, Knot says
The European Central Bank should use bond purchases more sparingly in the future given costly side effects, Dutch central ...
Wall St advances on Apple gains, in-line inflation reading
Wall Street's main indexes rose on Friday, driven by gains in Apple following its strong sales forecast and a reading of the ...
What is 'Inflation Targeting'
Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, ...