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Inflation Data Boots Wall Street
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.
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
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.
6d
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 ...
Hosted on MSN
22h
October CPI Up 0.2%, Annual Rate at 2.6% and in Line with Wall Street Estimates. Here's How It Could Impact The Fed's Rate Cut Policy.
The data is in line with
Wall
Street
expectations, according to the Bureau of Labor ... Although a December rate cut ...
7d
on MSN
Wall Street Has Best Fed Day of 2024 Across Assets: Markets Wrap
US stocks are extending gains, with traders expecting the Federal Reserve to cut interest rates later on Thursday. The S&P ...
7d
on MSN
The Fed is draining liquidity from markets for longer than expected. Here’s why it’s making Wall Street nervous.
Wall Street is getting anxious about the plumbing in the financial markets as the Fed’s balance sheet shrinks.
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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