'Fed still set to cut rates despite inflation' - 13 Nov 2024
Michael Reid, the US Economist at RBC Capital Markets, says the Fed is still on track for a rate cut in December.
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Core CPI Inflation Stuck Above 3%, But Fed Rate Cut Odds Rise; S&P 500 Falls (Live Coverage)
The S&P 500 opened slightly higher on Wednesday, but tilted lower soon. Treasury yields fell but were off lows as investors ...
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Stocks Mixed on Chip Stock Weakness
The S&P 500 Index ($SPX) (SPY) today is up +0.04%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.27%, and the Nasdaq ...
Wall Street climbs, FTSE muted as US inflation rises to 2.6% in October
Deutsche Bank believes the consumer price index will tick down from last month to 0.26%, which would keep the year-on-year ...
US inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their ...
U.S. stocks flip mostly higher again ahead of afternoon trading
The Dow Jones Industrial Average and S&P 500 flipped back into the green ahead of Wednesday's afternoon session, with investors and traders weighing the prospects of stabilizing prices following ...
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US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most ...