Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
Elon Musk to lead a new government department, Exxon CEO cautions against leaving Paris climate agreement, more news to start ...
The stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, ...
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Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
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Stock market today: Stocks extend post-election rally as the Fed cuts interest ratesCPI data has been slightly sticky above the Fed's 2% target, with the latest report showing inflation cooled in September ...
Indexes edged up on Thursday, heading for another day of gains after Donald Trump's election victory fueled a massive rally ...
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 ...
The consumer-price index for October released this morning showed inflation was in line with expectations at 2.6%. Follow along for live updates on stocks, bonds and markets, including the Dow Jones ...
Gift Nifty was trading around 23,630 level, a discount of nearly 28 points from the Nifty futures’ previous close, indicating ...
The rise in the 10-year Treasury yield since the Fed's September interest-rate meeting was due to a stronger economy, said St. Louis Fed President Alberto Musalem on Wednesday. "Stronger data ...
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