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,
Markets are watching a heavy slate of U.S. economic data this week, including the release of the consumer price index for ...
4hon MSN
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Gold fell for a fifth straight session on Thursday to hit its lowest level in eight weeks, pressured by a stronger U.S.
With a strong economy, booming stock market and the election results, the Fed should probably not cut rates today, and might ...
2don MSN
Still, the market indicates a 37.9% chance that the Federal Reserve will keep interest rates steady next month. Trump's ...
Major indexes were slightly lower Thursday morning after a couple of lackluster days for the U.S. stock market that followed ...
Will inflation data and Fed talks fuel the Trump rally? Key economic reports and Powell’s remarks this week could shape the ...
Indexes edged up on Thursday, heading for another day of gains after Donald Trump's election victory fueled a massive rally ...
The dollar was headed for its best week in more than a month on Friday, buoyed by expectations of fewer Federal Reserve rate ...
Gold futures fell for the fourth day as Trump's victory strengthens the dollar. The global silver market faces the fourth ...
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