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CPI inflation report keeps bets alive
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.
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 cutting interest rates amid signs of cooling prices and a weaker labor market.
CPI inflation report keeps bets alive for an end-of-year Fed rate cut
U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.
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1h
US inflation ticks up to 2.6% – What’s the Federal Reserve to do now?
Inflation in the United States just hit 2.6% in October, giving the Federal Reserve plenty to chew on before its next – and ...
1d
Next Fed rate cut could be 'least justified one in modern history': Leuthold Group
Forget the "Fed put." These days, it's starting to seem like the Federal Reserve has been working on a new derivative: the ...
Fox News
2d
Federal employees feeling ‘dread,’ experiencing ‘PTSD’ over Trump return to the White House: Report
Federal
employees who lived through the first Trump administration say they are experiencing "PTSD" over the ...
21h
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.
10h
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 ...
Detroit Free Press
20h
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
Minneapolis
Fed
President Neel Kashkari said in an interview with Bloomberg TV, that he was confident inflation was headed down, noting that the CPI data "confirms" that downward path.
5d
on MSN
Internal report describes a 'cesspool of racism' in the federal public service
An internal report on workplace racism and harassment at the highest levels of the federal public service shows that not even ...
5d
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair ...
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