Key Takeaways According to two different government measurements of prices, inflation in these sectors is still having an impact on the U.S. economy: Electricity and Utilities Electricity was up 6.9% year-over-year in the Consumer Price Index (CPI) for November. It's one of a handful of energy products and services that have increased this year, with utility gas services, fuel oils and other motor fuels all growing faster than the overall annual inflation rate of 2.7%. Data centers that power artificial int ...

Federal Reserve Governor Stephen Miran said the central bank should move more aggressively on interest rates this year, arguing that rate reductions totaling more than 100 basis points are justified as underlying inflation pressures continue to fade. In an interview with Maria Bartiromo on FOX Business’ "Mornings with Maria," Miran said inflation is already running close to the Federal Reserve’s 2% target once temporary measurement distortions are stripped out. He said current policy remains clearly restric ...

European stocks closed higher on Tuesday with some in the region recording record highs, with investors digesting regional PMI and inflation readings, and closely following the developments on the geopolitical front.The pan European Stoxx 600 climbed 0.58%. The U.K.'s FTSE 100 moved up 1.18%, Germany's DAX edged up 0.09% and France's CAC 40 gained 0.32%, while Switzerland's SMI ended 0.56% up.Among other markets in Europe, Austria, Belgium, Czech Republic, Denmark, Finland, Netherlands, Norway, Portugal, S ...

Is the 60/40 portfolio back? If you ask Gargi Pal Chaudhuri, BlackRock's chief investment and portfolio strategist for its Americas division, the answer is yes — at least for now. For decades, an allocation of 60% stocks and 40% bonds has been a cornerstone of portfolio construction.Your stock allocation would handle the growth, while the bond allocation would play defense by locking in a steady return and promising the chance to sell for a profit if the stock market went through a rough patch. But in 202 ...

Key Points President Trump has made it abundantly clear that he wants the Federal Reserve to lower interest rates. Lower interest rates benefit some sectors more than others. Ultimately, the Fed needs to see more cracks in the labor market and feel that inflation is under control. 10 stocks we like better than Compass › Whether the Federal Reserve will continue to lower interest rates this year is the question everyone is asking. President Trump is clearly in favor of more rate cuts, but the rat ...

New Federal Reserve research examines the relationship between high tariffs and reduced inflation.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The research note from the Federal Reserve Bank of San Francisco, pu ...

Illinois-based Mondelez International, Inc. (MDLZ) is a leading global snack food company focused on biscuits, chocolate, confectionery and gum, with operations spanning more than 150 countries. Formed in 2012, the company owns a portfolio of iconic, billion-dollar brands such as Oreo, Cadbury, Milka, Ritz, Toblerone and Sour Patch Kids. It is currently valued at a market cap of $69.2 billion. The company is set to announce its fourth-quarter results soon. Ahead of the event, analysts expect Mondelez to ...

After opening flat, France's equity benchmark CAC 40 drifted lower Tuesday morning with investors digesting the nation's inflation and PMI data, and making largely cautious moves.The index was down 49.25 points or 0.6% at 8,162.25 a little before noon.Legrand and Dassault Systemes tumbled 3.7% and 3.6%, respectively. Capgemini and Saint Gobain lost a little over 3%, and Bureau Veritas drifted down 2.1%.BNP Paribas, Hermes International, Schneider Electric, Publicis Groupe, LVMH, Air Liquide, Accor and Soci ...

Money market accounts (MMAs) can be a great place to store your cash if you're looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term savings that you want to grow over time, but can still access when needed for certain purchases or bills. Find out which banks have the best MMA rat ...

All of that uncertainty makes forecasting especially challenging. Predicting interest rates is never easy, particularly when economic and political forces are pulling the world’s largest economy in different directions. Bankrate has been producing its annual interest rate forecast since 2011, drawing on decades of tracking consumer interest rates and lending trends.The most likely outcome, Rossman says, lies somewhere in the middle: The Fed trims rates cautiously to support a cooling job market and help dis ...