Category Finance News

Dollar Rises for Fifth Consecutive Day Amid US Traders’ Return: Will Economic Data Shift the Fed’s Stance?

Dollar Rises for Fifth Consecutive Day Amid US Traders' Return: Will Economic Data Shift the Fed's Stance?

The US Dollar rose for the fifth consecutive day, buoyed by the pound’s decline as Americans trade after a long Thanksgiving weekend. This upward movement in the greenback is being observed as the week’s calendar has a lot of economic…

Read MoreDollar Rises for Fifth Consecutive Day Amid US Traders’ Return: Will Economic Data Shift the Fed’s Stance?

Core Inflation Metric Falls Below Fed’s 2% Target: What This Means for the Future

Core Inflation Metric Falls Below Fed's 2% Target: What This Means for the Future

In a week dominated by Nvidia’s much-anticipated earnings report, another significant economic update took the spotlight: the so-called core Personal Consumption Expenditure (PCE), a key measure of inflation has once more started to trend below the Fed’s 2% target level. …

Read MoreCore Inflation Metric Falls Below Fed’s 2% Target: What This Means for the Future