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 ...
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Dow, S&P 500 edge higher after inflation data keeps Fed rate-cut hopes intact
Wall Street's three major indexes rose on Wednesday after October data showed consumer prices rising in line with ...
Bill McEwen11h
Stock Market Today: Wall Street Drifts After Inflation Update Comes in as Expected
Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.
Consumer prices post first yearly increase in inflation since March, CPI shows
Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...
Sticky inflation might make it more tricky for Fed rate cuts, CPI could show
The Fed doesn't base its interest-rate moves on the CPI, however. The central bank prefers the less publicized personal-consumption expenditures, or PCE, price index as the best measure of inflation.
Want to know what Trump will do as president? Look to the market
Many economists and investors worry that Trump’s economic agenda will be inflationary. In addition to tax cuts, Trump has ...
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...