2+ day, 15+ hour ago   (318+ words) The fresh inflation data prompted traders in interest rate futures to increase the probability that the Federal Reserve will push up the main rate next week. The fresh data on producer prices prompted traders in interest rate futures to increase…...

1+ week, 3+ day ago   (445+ words) “Input price pressures were notably elevated in manufacturing and construction,” the Fed said in a survey of its 12 district banks. The Fed survey, released two weeks before central bank officials gather to consider changes to monetary policy, flagged a moderate…...

2+ week, 1+ day ago   (458+ words) The comments by Warsh prompted futures traders to increase the odds that policymakers next month will push up the main interest rate. The comments by Warsh prompted traders in interest rate futures to increase the odds that policymakers will push…...

2+ week, 3+ day ago   (404+ words) Three central bank policymakers concerned about inflation dissented against a decision last month to leave the federal funds rate unchanged. They called for a quarter-point increase in the main rate from the current level between 3.5% and 3.75%. During the July 28-29 policy…...

3+ week, 1+ day ago   (354+ words) Strong business investment and high equity prices will likely fuel 2.1% economic growth this year, Goldman Sachs said. The S&P purchasing manager survey aligns with other recent reports indicating solid economic growth. A measure forecasting future growth rose last month…...

3+ week, 2+ day ago   (397+ words) Investment in artificial intelligence will likely drive economic growth, according to Justyna Zabinska-La Monica, The Conference Board’s senior manager for business cycle indicators. Gross domestic product will likely grow 1.9% in both 2026 and 2027, The Conference Board said, a dip from the…...

3+ week, 3+ day ago   (432+ words) “Recent labor demand and consumer spending data suggest that the economy is healthy enough for a rate hike,” Ed Yardeni, president of Yardeni Research, said. Price pressures have shown signs of easing since the Federal Open Market Committee met last…...

3+ week, 4+ day ago   (434+ words) Industrial production in July, while falling short of forecasts, aligned with expectations of slower but sustained economic growth. Although falling short of forecasts, industrial production last month aligned with expectations of slower but sustained economic growth. U.S. gross domestic product expanded…...

3+ week, 5+ day ago   (423+ words) The share of credit card balances delinquent for over 90 days rose to 12.8% in the first quarter of this year from 7.6% in the third quarter of 2022, the Federal Reserve Bank of New York reported. Consumers are altering their outlays to cope…...