The Fed doesn't base its interest-rate moves on the CPI, however. The central bank prefers the less publicized personal-consumption expenditures, or PCE, price index as the best measure of inflation.

The Fed has undertaken four rate-cutting cycle since 2000, the previous three of which foreshadowed trouble for Wall Street.

Investors are piling into US leveraged loan ETFs, betting that President-elect Donald Trump’s policies will potentially boost ...

Tariffs are also expected to be part of Trump's economic policy and the bond market responded to the election in a different way because of that. Yields jumped, showing investors are wary that deficit ...

Wall Street analysts are signalling that the post-election surge in stocks could soon sputter after lifting the major gauges ...

Donald Trump is returning to the White House, and the stock market is loving it. Investors, relieved to have a clear-cut ...

Asian shares are trading mostly lower, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump ...

The Dow Jones Industrial Average rose 390.08 points, or 0.89 per cent, to 44,379.07, the S&P 500 gained 13.36 points, or 0.22 ...

The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald ...