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.
Markets mostly fell Thursday as investors digested US inflation data that supported the case for another interest rate cut ...
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Wall Street's three major indexes rose on Wednesday after October data showed consumer prices rising in line with ...
Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...
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.
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How ...
Many economists and investors worry that Trump’s economic agenda will be inflationary. In addition to tax cuts, Trump has ...