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 ...
USA Today7h
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
the Fed policy rate is now in the 4.50%-4.75% range - "right at the top" of the estimated range of the neutral rate of ...
Today's CPI Print Proves the Fed Decision Was a Policy Error or Worse
If core goods is no longer declining, and shelter isn’t doing the heavy lifting of deflation, and if core-services-ex-shelter ...
Reuters10h
Fed officials wary of inflation risks as they weigh more rate cuts
The policy rate is now in the 4.50%-4.75% range. And that, Dallas Fed's Logan said, is now "right at the top" of the ...
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Hosted on MSN10h
U.S. Debt Will Likely Weigh on Monetary Policy, Says Fed’s Schmid
Kansas City Federal Reserve President Jeff Schmid said Wednesday that the “tremendous” growth of government debt will leave ...
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
S&P 500, Dow Futures Dip As Investors Brace For Key Inflation Data: Expert Says 'Strong Productivity' Will Cap Inflation Despite Fed's Rate Cuts
U.S. stocks could open on a negative note on Wednesday after the averages scaled record highs last week. Futures of all three ...
NBC News21h
A federal disaster fund has drawn 50,000 applications after twin hurricanes. One problem: It’s out of money.
About 54,000 have applied for low-interest loans from a disaster fund operated by the Small Business Administration, but the money has all dried up. Biden administration officials are pressuring ...