Kospi rises 1.5% as foreign investors buy amid easing U.S. inflation fears Foreign and institutional buying fuels KOSPIs upward surge as inflation worries recede ...

Gold was steady as traders weighed the outlook for monetary policy after the Federal Reserve’s preferred measure of ...

Won-dollar rate falls amid US inflation-driven dollar easing Korean won strengthens as inflation data weakens the dollar ...

The precious metal has climbed more than a quarter this year and hit record levels, supported by US monetary easing, ...

An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains.

US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s ...

PNC's 2024 Christmas Price Index rose 5.4% from a year ago. For context, the personal consumption expenditures price index (the Fed's preferred measure) is up 2.4% Y/Y as of November, while the ...

In Washington, the US Senate passed a bill to end a brief government shutdown that began after a missed midnight deadline.

Earlier this month the Federal Reserve increased its 2025 inflation expectation to 2.5 percent from 2.1 percent, as measured by the personal consumption expenditures price index. The Fed also ...

We still have some work to do." Inflation, according to the measure released Friday -- the personal consumption expenditures price index -- has plummeted from a peak of 7.2% in June 2022 to 2.1% ...

Gold was broadly stable as a softer-than-expected U.S. inflation reading rekindled hopes of rate cuts next year.

Investors considered the path of interest rates next year after the Fed hinted they would stay higher for longer.