Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
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Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
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Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another ...
Core CPI, which excludes food and energy costs and is considered a better indicator of future prices, also matched estimates.
The dollar is trading at a near two-year high. Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
Asian markets traded lower, while US stock market ended with losses overnight as the post-election rally fizzled amid ...
Investors will listen out for any comments about pricing pressures and the economy. Stock and bond traders were also ...
Greenlight Capital hedge fund manager David Einhorn expects inflation to spike again as a result of Donald Trump’s policies.
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