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,
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price ...
Elon Musk to lead a new government department, Exxon CEO cautions against leaving Paris climate agreement, more news to start ...
2don MSN
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will ...
Indexes edged up on Thursday, heading for another day of gains after Donald Trump's election victory fueled a massive rally ...
The Associated Press - Business News on MSN6d
Stock market today: Most of Wall Street rises after the Fed cuts interest ratesU.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will ...
Markets Insider on MSN6d
Stock market today: Stocks extend post-election rally as the Fed cuts interest ratesCPI data has been slightly sticky above the Fed's 2% target, with the latest report showing inflation cooled in September ...
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 ...
The strength of the market response has arguably been at odds with what many economists consider the prospect of worse ...
The consumer-price index for October released this morning showed inflation was in line with expectations at 2.6%. Follow along for live updates on stocks, bonds and markets, including the Dow Jones ...
The rise in the 10-year Treasury yield since the Fed's September interest-rate meeting was due to a stronger economy, said St. Louis Fed President Alberto Musalem on Wednesday. "Stronger data ...
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