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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 ...
9h
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.
16h
Fed's Kashkari says he's confident inflation is headed down
Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, ...
Business Insider on MSN
14h
Stock market today: Indexes edge higher after tame October inflation report
The increase was slightly hotter than last month's 2.4% price growth, but in line with expectations, which kept investors ...
5d
on MSN
Internal report describes a 'cesspool of racism' in the federal public service
An internal report on workplace racism and harassment at the highest levels of the federal public service shows that not even ...
6d
on MSN
Federal military draft agency reposts message suggesting US is becoming 1936 Nazi Germany: report
The federal agency responsible for registering Americans for a military draft if the need arises reposted a message ...
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 ...
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