Key Inflation Gauge Rises Slightly in November, Offering Mixed Signals for the Fed
The Fed's recommended inflation measure rose less than expected in November, providing a glimmer of relief amid persistent price pressures that called into question the central bank's recent interest rate cuts. The personal consumption expenditures (PCE) price index rose just 0.1% last month, the Commerce Department said Friday. The figure was lower than the 0.2% […]
Russian central bank surprises markets by holding key rate at 21% – CNBC
MOSCOW, Russia: Russia's central bank cut its key interest rate by 300 basis points, the third time since an emergency rate hike in late February, citing cooling inflation and a rebound in the ruble. Kirill Kudryavtsev | AFP | Getty Images Russia's central bank unexpectedly left its key interest rate unchanged at 21% on Friday, […]
Repealing Impoundment Control Act Key to President Curtailing Spending
Rep. Andrew Clyde (R-Ga.) said during the debate that repealing the Foreclosure Control Act is key to allowing the U.S. president to cut spending. Breitbart News Dailyannounced plans to reintroduce the measure in the next Congress. Clyde said the basic premise of foreclosure, which was brought up recently as the Department of Government Efficiency (DOGE) […]
Gold Price Forecast: Slides Below Key Support as Bearish Signals Intensify – FX Empire
A close below 2,605 confirms a bearish signal A daily close below the 2,605 support level would confirm today's bearish signal and put gold on track to test lower support levels before the correction is complete. Notice the parallel downtrend channels on the chart. A breakout above the high channel line was recently attempted, but […]
Fed Cuts Key Interest Rate By A Quarter Point
The U.S. Federal Reserve on Wednesday announced its third consecutive interest rate cut, a move widely expected by investors and financial markets. The Federal Reserve has cut its benchmark interest rate by a quarter of a percentage point and said its future target range will be 4.25% to 4.50%. The Fed has now cut the […]
Mike Lee looks to halt welfare for illegals going on under Biden with key budget process
Fox's first appearance: Republicans are trying to block welfare and other benefits from being given to illegal immigrants paroled into the United States. And they are trying to bypass the Senate's 60-vote legislative filibuster to pass the budget reconciliation process. Sen. Mike Lee (R-Utah) plans to introduce the “America First Act” on Wednesday. The bill […]
Japanese Yen bears have the upper hand ahead of key central bank event risks – FXStreet
Following the release of Japan's trade balance statistics, the Japanese yen has attracted some sellers. Expectations that the Bank of Japan will keep interest rates unchanged and rising US bond yields are also weighing on the yen. Traders are eagerly awaiting key FOMC decisions ahead of Thursday's Bank of Japan policy update. The Japanese yen […]
EXCLUSIVE: Republicans in key red state launch campaign to elect ‘true’ conservatives ahead of Trump return
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Democrat rep defeats AOC for top role on key committee
On Tuesday, Democratic Representative Gerry Connolly of Virginia defeated fellow Democratic Representative Alexandria Ocasio-Cortez of New York in the race for the ranking member of the House Oversight Committee in the 119th Congress. Mr Connolly has been a member of Parliament since 2009. lost Ocasio-Cortez won 131-84. Ocasio-Cortez has been a rising star in the […]
Tax Cut, Deregulation by July 4 Key to GOP Keeping the House in 2026
Former House Speaker Newt Gingrich, appearing on FBN's “Mornings with Maria,” said keeping the House in Republican hands is the Trump administration's “biggest single challenge.” The way to do that, Gingrich said, is to pass tax cuts and deregulation by July 4, which would require a Senate commitment to deliver by the end of May. […]