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,
Indexes traded mixed on Thursday as traders assessed new inflation data and waited for remarks from Federal Reserve Chair ...
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Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another ...
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Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...
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Dow, S&P, Nasdaq subdued as wholesale inflation slightly picks up paceMajor U.S. equity averages searched for direction Thursday, as investors weighed a second straight reading of firm monthly inflation, albeit within market expectations. Thursday's session brought ...
U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will ...
Core CPI, which excludes food and energy costs and is considered a better indicator of future prices, also matched estimates.
U.S. stocks finished mostly higher on Wednesday, with the S&P 500 barely eking out a gain, after October's consumer-price index came in cooler than some market participants had expected. The Dow ...
Investors will listen out for any comments about pricing pressures and the economy. Stock and bond traders were also parsing the latest read on inflation. The producer-price index data showed that ...
Gift Nifty was trading around 23,630 level, a discount of nearly 28 points from the Nifty futures’ previous close, indicating ...
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