Eurozone economy stagnates in Q4 as Germany and France contract
Eurozone GDP stagnated in Q4 2024 as Germany (-0.2%) and France (-0.1%) contracted, reinforcing expectations of more ECB rate cuts. The euro held at $1.04,…
November PCE: Key fed inflation gauge rose 2.4% annually
1 of 4 | The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis and 2.4% from the same period last…
Federal Reserve expected to cut interest rates for first time since 2020
Jerome Powell, chairman of the Federal Reserve testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7, 2024. The Fed Board meets…
Fed Chair Jerome Powell indicates interest rate cuts are coming amid lowered inflation
Federal Reserve Chairman Jerome Powell Friday indicated interest rate cuts are coming amid positive economic data on inflation dropping to an annual rate of 2.5%.…