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Two firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting into question how deeply the Federal Reserve will cut interest rates in 2025.
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 expectations, adding support to bets that the U.S. Federal Reserve will cut interest rates in December.
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.
1h
Fed Refuses to Back Basel Climate Plan, Leaving Talks in Limbo
US regulators led by the Federal Reserve have refused to endorse a plan that would have seen the Basel Committee on Banking ...
5h
Fed's Kugler says Fed has made good progress on achieving mandates
Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve ...
7h
King Charles fed up with 'fragile' Prince Andrew as disgraced duke scrambles to save $38M home: experts
Prince Andrew, the Duke of York, reportedly raised the money he needed to continue staying at Royal Lodge after King Charles ...
Bloomberg L.P.
22h
Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
3h
Dow Jones Today: Stock Futures Inch Higher Ahead of Economic Data, Comments from Fed Chair Powell; Disney Soars After Earnings
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
2d
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
6h
on MSN
Credit card debt surges to another record high, New York Fed data shows
U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to ...
13h
Asian Equities Climb as US CPI Supports Fed Easing: Markets Wrap
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
1d
Next Fed rate cut could be 'least justified one in modern history': Leuthold Group
Forget the "Fed put." These days, it's starting to seem like the Federal Reserve has been working on a new derivative: the ...
8h
on MSN
Trump Can Capture the Fed. Here’s How.
The president has a path to controlling monetary policy even without replacing the Fed chair, Benn Steil writes in a ...
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inflation
Trump
Wall Street
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United States
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