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The Federal Reserve is expected to approach rate cuts cautiously in 2025, with plans to end its quantitative easing cycle by mid-year, according to Bill Adams, chief economist at Comerica Bank.
The market is closely watching the U.S. Federal Reserve, with many speculating on a potential rate cut in the near future.
The U.S. Producer Price Index (PPI) for final demand increased by 0.4% in November, following a 0.3% rise in October and a 0.2% increase in September, according to the U.S. Bureau of Labor Statistics.
Rising inflation continues to challenge the U.S. economy, with housing costs playing a significant role.
In a surprising break from tradition, President-elect Donald Trump has invited Chinese President Xi Jinping to attend his upcoming inauguration, challenging over a century of diplomatic protocol.
Former Cleveland Fed President Loretta Mester suggests that the Federal Reserve may need to rethink its interest rate strategy in light of recent inflation developments.
The latest U.S. inflation data, showing a slight uptick in CPI to 2.7% in November, has ignited optimism among cryptocurrency investors, particularly for Bitcoin and altcoins.