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CPI inflation report keeps bets alive
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
CPI inflation report keeps bets alive for an end-of-year Fed rate cut
U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.
14h
Next Fed rate cut could be 'least justified one in modern history': Leuthold Group
Forget the "Fed put." These days, it's starting to seem like the Federal Reserve has been working on a new derivative: the ...
7h
on MSN
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
Consumer prices edged up in October after having recorded the slowest rate of growth in 3½ years in the previous month, a ...
10h
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
CBS News on MSN
6d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
The
Fed
shaved borrowing costs by 0.25 percentage points ... She previously worked at Bloomberg News and has written for ...
Hosted on MSN
1d
Fed's Barkin: Economy and policy are in a good place
CNBC's Steve Liesman
reports
on the latest comments from Richmond
Federal Reserve
president Tom Barkin. What happens to ...
5d
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair ...
6d
Trump likely to allow Fed Chair Powell to serve remainder of his term, CNN reports
U.S. President-elect Donald Trump is likely to allow Jerome Powell to serve the remainder of his term as the Federal Reserve ...
6d
on MSN
CNBC Daily Open: Powell maintains that elections won't sway Fed's policy
If inflation resurfaces because of the incoming administration's policies, the Fed’s likely to stay its hand in lowering ...
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