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Fed, Wall Street and rates
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.
Wall Street traders trim bets for December Fed rate cut on Powell’s caution
Swaps traders lowered the chance to less than 60% that the central bank reduces rates at their two-day gathering that wraps on Dec. 18 — from roughly 80% a day earlier.
Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow’s slight loss.
33m
on MSN
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 ...
14h
on MSN
Wall St little changed after in-line monthly producer prices; Powell speech awaited
Wall Street's main indexes were subdued on Thursday after monthly producer prices rose as expected, with investors awaiting ...
4d
Wall Street Brunch: Time To Eye The CPI
The core CPI is expected to have risen 0.3% in October. Disney, Home Depot, Alibaba highlight earnings calendar. Bitcoin hits ...
2h
on MSN
Stock market today: Asian stocks climb after Wall Street's post-election boom slows
Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump's election ...
7d
Wall Street Reacts to the Fed Decision
Here's what Wall Street has to say following the Fed's quarter-percentage-point rate cut: "The potential for future trade and ...
3d
A Potential Fight Over the Fed’s Future Ramps Up
As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ...
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