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Powell says no rush needed on more rate cuts
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Powell added the US has had the best domestic growth of any major economy, and emphasized the strength of the labor
market
... which could cause the
Fed
to pause
rate
hikes, economists say. Traders expect the central bank to
cut
another 25 basis points ...
Stock market today: Dow, S&P 500, Nasdaq slide as Powell says Fed in no 'hurry' on rate cuts
Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
Stock Market Today: Stocks Slip After Powell Talks Rate Cuts
Ahead of the opening bell, the Bureau of Labor Statistics said the Producer Price Index (PPI), which measures what businesses are paying subscribers for goods, increased 0.2% month over month in October. Year over year, the headline PPI was up 2.4% – the quickest pace since July.
inflation, Stock market
Stock market today: Indexes trade mixed as investors assess rate outlook after new inflation data
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle in January.
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 500 futures (SPX) +0.2%, Nasdaq 100 futures (US100:IND) +0.2% and Dow futures (INDU) +0.
Equity Markets Close Mixed After Inflation Report
US benchmark equity indexes closed mixed Wednesday as markets parsed consumer inflation data for October and remarks by Federal Reserve officials. The Dow Jones Industrial Average rose 0.1% to 43,958.
7h
on MSN
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 ...
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 ...
11m
Dollar Rises With December Fed Cut Now in Doubt: Markets Wrap
Asian equities were set to climb early Friday even as traders scaled back expectations for a Federal Reserve rate cut next ...
2h
Powell Speech Sends December Rate-Cut Odds Sliding
Federal Reserve Chair Jerome Powell's latest comments on inflation sent odds of a December interest-rate cut lower. Odds of a quarter-point cut in December were down to 58.9% from 82.5% on Thursday, ...
7d
on MSN
A Fed rate cut may be coming, but it may be too small for Americans to notice
The Fed is expected to cut rates for a second straight month but by a smaller amount. How and when consumers may feel the ...
2d
Stock market today: Election rally stumbles as bond yields spike ahead of key inflation data
The postelection rally staggered on Tuesday as bond yields spiked. Some parts of the Trump trade continued to gain, such as ...
1d
US inflation may have picked up in October after months of easing
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling ...
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