Traders Bet Fed's Next Rate Cut Will Wait Until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
US Inflation Rises in December; Consumer Spending Accelerates
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% rise in November. Spending was previously reported to have ...
Bowman: Inflation Risks to the Upside, Further Rate Cuts Should Be Gradual, Cautious
WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further ...
Canada's GDP Contracts by 0.2% in November, Likely Rebounded Following Month
The country's gross domestic product shrunk by 0.2% in November on a monthly basis from a 0.3% rise in October, led by ...
Colgate-Palmolive Sees Weaker Annual Sales on Demand Slowdown
"Our (sales) guidance includes the impact of the planned exit from private label pet nutrition over the course of 2025," said ...