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Inflation Data Boots Wall Street
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.
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.
Sticky inflation might make it more tricky for Fed rate cuts, CPI could show
A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.
9h
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.
6d
Wall Street Reacts to the Fed Decision
Here's what Wall Street has to say following the Fed's quarter-percentage-point rate cut: "The potential for future trade and ...
Yahoo Finance
9h
Stock market today: Dow, S&P 500 rise while Nasdaq lags as inflation print keeps Fed rate cut on track
As of Wednesday, markets were pricing in two
Fed
rate
cuts by the end of June ... to digest year-over-year trends of the ...
6d
US Fed Meeting Live Updates: Wall Street cheers Fed rate cut, US election results; S&P, Nasdaq close at record high
Jerome Powell-led FOMC voted unanimously to slash the benchmark interest rate by 25 bps to 4.50 - 4.75 per cent in the ...
3d
Wall Street Brunch: Time To Eye The CPI
The core CPI is expected to have risen 0.3% in October. Disney, Home Depot, Alibaba highlight earnings calendar. Bitcoin hits ...
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