Wall Street reaches mixed finish ahead of rate cuts
U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update built hope that more help for the economy will arrive next month through a 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 ...
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.
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 edge higher after inflation data keeps Fed rate-cut hopes intact
Wall Street's three major indexes rose on Wednesday after October data showed consumer prices rising in line with ...
Sticky inflation might make it more tricky for Fed rate cuts, CPI could show
The Fed doesn't base its interest-rate moves on the CPI, however. The central bank prefers the less publicized personal-consumption expenditures, or PCE, price index as the best measure of inflation.
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Mortgage rates fell, then rose. What comes next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How ...
Want to know what Trump will do as president? Look to the market
Many economists and investors worry that Trump’s economic agenda will be inflationary. In addition to tax cuts, Trump has ...