Softer PCE inflation in November will not accelerate Fed easing
Yet the soft release is unlikely to have much significance for the Federal Open Market Committee. At this week’s ...
USD/JPY retreats to 156.50 after reaching multi-month highs on softer US PCE data
The USD/JPY pair pulled back from its highest levels since July, retreating to 156.50 following the release of US Personal ...
US Steel Shares Fall 5.4% on Lowered 4Q Targets Amid Higher Costs, Softer Steel Prices
The steel company said late Thursday that it expects adjusted net loss per share of 29 cents to 25 cents a share. The new guidance is below analyst expectations of a profit of 4 cents a share, down ...