Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
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 ...
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
Morning bid: A twist in the U.S.'s inflation tale?
The dollar is forging ahead again, heading for its biggest week-on-week gain since September last year, up 2.37% since last ...
Stock index futures gain ahead of wholesale inflation report
Stock index futures gained on Thursday, with investors set to turn their attention to the wholesale inflation report.  S&P ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
New York Post18h
Inflation remains stubborn as wholesale prices accelerate after Fed rate cuts
Thursday’s report from the Labor Department showed that its producer ... notably healthcare and financial services, flow into ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Rising US producer prices add to signs of waning disinflation
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
BusinessMirror22h
Markets see 80% chance of December Fed cut after inflation data
Traders added to wagers that the Federal Reserve will cut interest rates by another quarter point next month after in-line inflation data, spurring gains for Treasury debt. The rally trimmed yields on ...