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 ...
Morning Bid: Inflation looks sticky, so bring on Powell
It was last up 4.08% at $91,910, marking a 32% rise since the Nov. 5 election. Smaller peer ether has risen 37% since ...
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Schmid says scope of Fed rate cuts 'remains to be seen'
Kansas City Federal Reserve chief Jeffrey Schmid said the time is "now" to reduce U.S. interest rates, but he said it's still uncertain how far the central bank needs to go. "It remains to be seen how ...
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 ...
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...
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 ...
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...