• Mar 12, 2025

Cooler inflation paves way for Fed to resume rate cuts in June

(Reuters) -Cooler inflation last month leaves the door open for the Federal Reserve to resume cutting interest rates by mid-year, but the central bank remains worried that U.S. tariff hikes could rekindle price pressures, trigger an economic slowdown, or both. Consumer prices rose 2.8% in February from a year earlier, a government report showed on Wednesday, marking progress compared with the 3% reading in January. As long as the labor market stays strong, continued easing on the inflation front would allow the Fed to adjust interest-rates slowly downward in what analysts and some Fed policymakers have referred to as "good news" rate cuts.

  • Mar 12, 2025

1 Growth Stock to Target This Week and 2 to Avoid

Growth is oxygen. But when it evaporates, the consequences can be extreme - ask anyone who bought Cisco in the Dot-Com Bubble (Nvidia?) or newer investors who lived through the 2020 to 2022 COVID cycle.

  • Mar 12, 2025

US consumer inflation cools in February before import tariffs hit

WASHINGTON (Reuters) -U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, giving the Federal Reserve room to keep interest rates unchanged next week while monitoring the economic impact of a trade war. But the relief offered by the tame Consumer Price Index report from the Labor Department on Wednesday could be temporary as the data did not capture a cascade of tariffs by President Donald Trump's administration, which has caused a surge in consumers' inflation expectations and prompted economists to upgrade their inflation forecasts.

  • Mar 12, 2025

Blackstone says Trump's tariffs can be a positive economic spur

MUMBAI (Reuters) -U.S. President Donald Trump's tariffs can boost manufacturing activity in the United States, the world's largest economy, Blackstone Chief Executive Stephen Schwarzman said on Wednesday. Trump's focus on tariffs since taking office in January has shaken investors, consumers and business confidence and economists have voiced concerns of a U.S. recession that could drag down the global economy. Schwarzman, a long-time Trump donor, speaking to reporters in Mumbai at an event to mark Blackstone's 20th anniversary in India, said he expected India-U.S. tariff negotiations to be smoother than those with other countries following a meeting between Prime Minister Narendra Modi and Trump last month.