Most economists expect the Fed to make a cut of 50 or 75 basis points to the end of January in a data vacuum. And, yes, they are caught between a rock (inflation) and a hard place (the labor market).
The strong pace of the Spanish economy moderated in the third quarter of the year, as robust household spending and solid employment trends were countered by slowing exports as trade uncertainty ...
Global markets were mixed ahead of the Federal Reserve's interest-rate decision later Wednesday where a 25 basis-point cut is widely expected, and ahead of more U.S. big-tech earnings. President Trump ...