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,
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Just when Britain seemed to be moving beyond its inflation problem, the new government's spending splurge and the risk of a ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
22hon MSN
Market interest rates have risen over the past few months and the 10-year Treasury, often a benchmark for borrowing costs, is ...
The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the ...
Nigeria's inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in ...
Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price ...
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