(Reuters) -Most brokerages continue to expect a slower pace of interest rate cuts from the U.S. Federal Reserve in 2025 after personal consumption expenditures (PCE) data came in-line with market expectations. Meanwhile, U.S. President-elect Trump imposed tariffs on Mexico, Canada and China that could potentially become a crucial factor in the Fed's future policy decisions. Data on Friday showed, the...

WASHINGTON (Reuters) - U.S. construction spending increased more than expected in December, boosted by single-family homebuilding, but high mortgage rates could curb further gains in new residential construction. The Commerce Department's Census Bureau said on Monday that construction rose 0.5% after an upwardly revised 0.2% increase in November. Economists polled by Reuters had forecast construction spending would advance 0.2% after...

The U.S. manufacturing sector surprisingly returned to expansion in January, signaling renewed business optimism, though mounting input costs pose a growing inflation risk for the months ahead. Two key indicators tracking U.S. factory activity that were released Monday showed stronger-than-expected growth last month. The S&P Global U.S. Manufacturing PMI was upwardly revised to 51.2, exceeding the preliminary estimate of 50.1...

(Reuters) - Federal Reserve Bank of Boston President Susan Collins said Monday there's no urgency for the central bank to lower rates right now, as new trade tariffs announced by the Trump Administration could drive up inflation pressures. It's really appropriate for policy to be patient, careful, and there's no urgency for making additional adjustments, especially given all of the...