Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
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Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
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Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another ...
U.S. stocks finished mostly higher on Wednesday, with the S&P 500 barely eking out a gain, after October's consumer-price index came in cooler than some market participants had expected. The Dow ...
Core CPI, which excludes food and energy costs and is considered a better indicator of future prices, also matched estimates.
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
The dollar is trading at a near two-year high. Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The stock market wavered in Wednesday morning trading as Wall Street digested the latest uptick in inflation. The S&P 500 was down 0.1% after bouncing between positive and negative territory. The ...
On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...
Gift Nifty was trading around 23,630 level, a discount of nearly 28 points from the Nifty futures’ previous close, indicating ...
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
Greenlight Capital hedge fund manager David Einhorn expects inflation to spike again as a result of Donald Trump’s policies.
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