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Wall Street sees fewer rate cuts in 2025
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 in the pace of inflation from September, when prices were up 2.4% on the year.
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.
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.
Reuters
9h
Fed officials wary of inflation risks as they weigh more rate cuts
Fed
policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
Seeking Alpha
6h
October CPI Inflation Report Shows The Fed Was Right On Inflation Management
CPI
inflation
rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. The latest ...
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.
5h
US Inflation Keeps Steady as Fed Looks to Avoid Reversal
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
18h
October CPI: Inflation hits another bump on road to Fed's 2% target
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The ...
1h
Asian Equities Climb as US CPI Supports Fed Easing: Markets Wrap
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
Seeking Alpha on MSN
10h
The risk of inflation ceasing to converge toward 2% has risen, KC Fed's Musalem says
Recent data suggests that the risk of
inflation
"ceasing to converge toward 2%, or moving higher, has risen," while the ...
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, ...
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