Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
19h
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
Elon Musk to lead a new government department, Exxon CEO cautions against leaving Paris climate agreement, more news to start ...
The Associated Press - Business News on MSN7d
Stock market today: Most of Wall Street rises after the Fed cuts interest ratesU.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will ...
1don MSN
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
ABC News on MSN9d
Stock market surges on Election DayThe Fed is widely expected to cut interest rates by another quarter ... rates and loose regulation that would likely ...
The rise in the 10-year Treasury yield since the Fed's September interest-rate meeting was due to a stronger economy, said St. Louis Fed President Alberto Musalem on Wednesday. "Stronger data ...
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