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Stock Markets May Struggle If Fed Chair Powell Dials Up Hawkish Rhetoric
Fed Funds futures are pricing in just two 25-basis-point (bps) reductions in 2025, half of the total the U.S. central bank ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Investor's Business Daily on MSN15h
Core CPI Inflation Stuck Above 3%, But Fed Rate Cut Odds Rise; S&P 500 Falls (Live Coverage)
The consumer price index may show core inflation coming in on the high side again. That could slow Federal Reserve rate cuts ...
Fed's Powell had pointed to 'bumps' in road to 2% inflation
Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.
December rate cut is a 'solid base case but not a lock,' Guha says
Ahead of the CPI data, a rate cut in December remains the "solid base case but not a lock," said Krishna Guha, vice chairman of Evercore ISI. Guha said the CPI data takes on extra importance in light ...
NBC News21h
A federal disaster fund has drawn 50,000 applications after twin hurricanes. One problem: It’s out of money.
When the river began to rise last month in Asheville, North Carolina, Lucious Wilson stood on a nearby hill and watched as his brewery slowly vanished in the floodwaters generated by Hurricane ...