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 ...
Hosted on MSN7h
HELOC rates drop to 8.61%, while home equity loans hold steady
What’s driving home equity rates today? After hovering around 9 percent for more than a year, HELoan and HELOC rates have ...
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 ...
Federal Reserve Officials Say They're in ‘Good Place’ to Respond to Economic Changes
While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ...
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.
Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
Homebuilding sector analysts at Raymond James and Associates see mortgage rates remaining “higher for longer,” given the ...
Reuters10h
Fed officials wary of inflation risks as they weigh more rate cuts
Line graph showing various measures of inflation and the Federal Reserve's policy rate of interest. Minneapolis Fed President ...
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.
Fed’s Schmid Says Uncertain About How Far Rates Should Fall
Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US ...
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 ...
Odds of a December Interest-Rate Cut Jump After Inflation Matches Expectations
Wall Street gained confidence that the Federal Reserve will opt for another quarter-point interest-rate cut in December after the consumer price index for October matched expectations. Traders saw a ...