Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.
Deutsche Bank believes the consumer price index will tick down from last month to 0.26%, which would keep the year-on-year ...
(Reuters) - U.S. stock index futures edged lower on Wednesday as an uptick in Treasury yields weighed on rate-sensitive ...
Core CPI, which excludes food and energy, rose 0.3% M/M. On an annual basis, that comes to +3.3% vs. +3.3% expected and +3.3% ...
The October consumer-price index keeps the door open for Federal Reserve officials to cut interest rates at their meeting next month. A monthly rise of 0.28% in prices, excluding volatile food and ...
but economists believe enough progress has been made for Federal Reserve officials to cut interest rates again in December.
Federal Reserve Chair Jerome Powell.Inflation sped up slightly in October, but fell in line with expectations on the heels of ...
Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy and ...
The Fed’s benchmark federal funds rate influences the cost of borrowing for individuals and businesses. In theory, with the two cuts already in place and Wall Street assigning a ...
Many economists and investors worry that Trump’s economic agenda will be inflationary. In addition to tax cuts, Trump has ...
Asian shares are trading mostly lower, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump ...