See the chart. CPI core core fell to 2.3% in Oct from 2.4%. This is probably why the Fed funds betting returned to expecting a Fed rate cut in Dec. But taking ... off its pedestal (as the embedded ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
Rising US debt and economic headwinds suggest that further rate cuts may not effectively lower Treasury rates or other loan ...
Stocks followed a strong start to the session with something of a whimper as a comforting reading on consumer price inflation ...
CPI inflation rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. There is an ...
(Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate ...
Its annual inflation rate has declined to less than 5% from a peak over 8% in early 2023. Shelter is "the continued major ...
As of that meeting, Trump had been declared the decisive victor of the presidential election and Republicans had secured ...
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
The Fed cut interest rates by a quarter of a percentage point as policymakers took note of a job market that has "generally ...
The Federal Reserve cut its key rate amid continued slow job growth. Chairman Jerome Powell discussed further cuts, but not ...