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Inflation Data Boots Wall Street
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.
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.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Dow, S&P 500 barely up as inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 rose slightly on Wednesday after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S. Federal Reserve will cut interest rates in December.
1d
Dow shrugs off new inflation data. Bond yields suggest it’s ‘top of mind’ for 2025.
Investors are sharpening their focus on inflation, even if markets weren’t all that rattled by Wednesday’s reading from the ...
5h
Richmond Fed’s Barkin expects inflation will fall into next year, hints at slowing rate-cut pace
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
Hosted on MSN
2d
New inflation data shows increase, days after election
The
data
snapped a streak of six consecutive months of cooling
inflation
. Core
inflation
-- a closely watched measure ...
1h
on MSN
US Inflation on Strong Trajectory to 2% Goal, Fed’s Collins Says
Federal Reserve Bank of Boston President Susan Collins said she sees inflation heading back to the central bank’s 2% goal ...
1d
Inflation accelerated in October, offering first look at prices since election
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the ...
2d
CPI inflation data signals Fed needs to 'tread lightly' when guiding markets on future rate cuts: economist
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
2d
Are inflation-adjusted wages lower now than 50 years ago? That data is cherry-picked
Two measures that economists most commonly use for inflation-adjusted wages show that wages are higher now than five decades ...
Reuters
2d
Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks
Recent
data
raise risks of
inflation
progress slowing, reversing Musalem expects
inflation
to converge to 2% over ...
1d
ECB’s Guindos Says Inflation Data Are Going in Right Direction
Euro-area consumer-price numbers are offering some encouragement for policymakers, according to European Central Bank Vice ...
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