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The lofty dollar has sent gold prices down 4.4% this week to $2,565, bringing the monthly loss so far to a sizeable 6.5%. Brent crude futures fell 90 cents to $71.66, on the prospect of U.S ...
The dollar surged against global currencies last year and looks to remain strong in 2025 if global investors continue pouring money into the booming U.S. stock market, according to Societe ...
Goldman Sachs, JPMorgan, and Bank of America are looking ahead to a strong 2025—as long as Donald Trump’s tariff proposals on China, Europe, and Canada don’t prove too inflationary. Plus ...
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But Bank of America card data shows spending resilient across income groups. ... The dollar edged up against a basket of currencies. The Fed last week cut its benchmark overnight interest rate by ...
Entering the week, data from the CME Group showed investors pricing in a ~93% chance the Fed raises rates this month and a roughly 40% chance at least two more 0.25% rate hikes are announced by ...
Economists forecast prices rose 3.6% over the prior year in September, a decrease from headline inflation of 3.7% in August. Prices are set to rise 0.3% on a monthly basis, down from a 0.6% in August.
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