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Fed, Inflation and Wall Street
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 in the pace of inflation from September, when prices were up 2.4% on the year.
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
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.
Reuters
9h
Fed officials wary of inflation risks as they weigh more rate cuts
Subsequent stronger labor market data suggested those fears were overblown, and with
inflation
continuing to fall - by the ...
The Motley Fool on MSN
11h
The Fed Just Cut Interest Rates Again. Should You Sign a Mortgage ASAP?
But now that
inflation
has cooled, the
Fed
can lower its benchmark
interest
rate
. That should lead to more affordable ...
Las Vegas Sun
20h
Stock market today: World stocks mixed after Wall Street momentum slows with cooling Trump trade
European markets opened higher on Wednesday while Asian stocks followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential ...
9h
on MSN
Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
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