Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
American Banker7h
Who will Trump pick to run his banking agenda at the Fed?
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
Pasco bank hires turnaround CEO, shakes up C-suite with new execs
Mike Mashke, longtime senior executive VP, chief revenue and credit officer, also departed alongside Esry. Among the bank’s new executive management team hires is Wesley Ward as chief compliance ...
New Orleans City Business21h
New Orleans ranks in New Survey of the Best U.S. Cities, States Heading Into 2025
Places like New York City, Los Angeles, and California have long been viewed as desirable for families and young ...
'We are in mourning': President Trump mixes sympathy and politics as consoler-in-chief
Americans turn to their leaders for solace in times of mourning. Donald Trump has used national tragedies to make political points or demean critics.
This married Air Force couple makes $263,000/year in pricey California — and they’ve saved nearly $500,000 in their 20s. Here’s how they do it and how you can copy them
Brittney and Quinn Sturgis are 27 and 30 years old, respectively, but they already have close to $500,000 in savings and ...
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Key Fed Indicator Shows Inflation Rose in December
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
Inflation Ticked Higher Last Month, in Latest Sign of Persistent Price Pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
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 ...
Fed's Goolsbee Comforted by Latest Inflation Data, Worried About Tariffs
(Reuters) - Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than ...