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The Labor Department will release the Consumer Price Index at 8:30 a.m., and Wall Street will be watching a few key categories.
The rise in the longer-term price gauge was small, but it comes at a time when Fed officials are closely watching such metrics.
Continue reading …In an upside-down world of financial markets, expected returns after inflation are at record lows.
Continue reading …Big banks that were accused of colluding to rig benchmark exchange rates could still face class-action lawsuits.
Continue reading …Some Fed officials think the central bank needs to get in the digital currency game, while others fret about crowding out the private sector.
Continue reading …Expiring unemployment benefits and the Delta variant add uncertainty to a recovery that has brought strong growth but an unusual labor market.
Continue reading …Low interest rates are one reason that the housing market has taken off. They are far from the only one.
Continue reading …The Federal Reserve’s inflation gauge popped in June from the prior year. Economists think it will begin to moderate.
Continue reading …The Personal Consumption Expenditures index popped 4 percent in June from the prior year. Economists think it will begin to moderate.
Continue reading …The central bank held policy steady. But it made the clearest hint yet that it will soon begin to shift from emergency mode.
Continue reading …