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 ...
Stock Market Today: Dow finishes with small gain after CPI inflation reading
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 ...
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 ...
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.
Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
Homebuilding sector analysts at Raymond James and Associates see mortgage rates remaining “higher for longer,” given the ...
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Fed officials wary of inflation risks as they weigh more rate cuts
Kansas City Fed President Jeffrey Schmid, speaking at the same conference, said "it remains to be seen how much further ...
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.
U.S. Debt Will Likely Weigh on Monetary Policy, Says Fed’s Schmid
Jeff Schmid seemed confident these large fiscal deficits would not be ultimately inflationary long-term because the Fed will ...
Wall Street drifts after inflation update comes in as expected
U.S. stocks are drifting near their records Wednesday after the latest inflation update boosted hopes that more help for the ...
Fed’s Schmid Says Uncertain About How Far Rates Should Fall
Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US ...
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 ...