Euro Rally Is Latest Risk to ECB’s Inflation Outlook
NBS, Bloomberg (Bloomberg) — The surge in the euro is set to loom large over the European Central…
Rich World’s Rate-Cut Momentum Is Fading Away
Photographer: Jason Alden/Bloomberg (Bloomberg) — The final flurry of global monetary policy decisions for 2025 is likely to…
Goldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come
While the latest wave of AI-linked layoffs has put job seekers—and even the Federal Reserve—on high alert, a…
US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
Fund Giant BlackRock Loads Up on These 2 AI Stocks
The Federal Reserve finally pulled the trigger last week, trimming rates by a quarter-point and kicking off what…
Key US Inflation Metric to Ease as Focus Shifts to Jobs Market
A shopper at a clothing store in downtown Detroit, Michigan. (Bloomberg) — The Federal Reserve’s preferred gauge of…
The myth of central bank independence
The stage was set for a classic Washington showdown. Yesterday Stephen Miran, one of Donald Trump’s key economic…
Fed report spotlights strains felt by US businesses, households
By Ann Saphir (Reuters) -U.S. economic activity and employment were mostly little changed or unchanged in recent weeks…
Here’s how much the average 60-year-old American has saved for retirement
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FTSE 100 and US stocks lower as US inflation data holds steady
The pound edged 0.3% lower against the dollar (GBPUSD=X) on Friday morning, to trade at $1.3462, as the…