It was the fifth straight annual drop and the smallest since February 2021
Siena Sheldon says investors that are still underweight fixed income should consider increasing their allocation
Siena Sheldon says investors that are still underweight fixed income should consider increasing their allocation
Most Americans, however, are not in the same celebratory mood after the Fed's rate hike campaign
Despite the near-end of high inflation, many Americans remain unhappy with the cost of living
The Fed is widely expected to announce a modest quarter-point cut in September
The downgraded estimate follows a jobs report for July that was much worse than expected
The central bank is poised to cut its benchmark interest rate next month from its 23-year high
Year-over-year inflation reached its lowest level in more than three years in July
If inflation continues to go down, a rate cut could be on the table in September: Powell