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 ...
Federal Reserve Officials Say They're in ‘Good Place’ to Respond to Economic Changes
While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ...
Reuters10h
Fed officials wary of inflation risks as they weigh more rate cuts
Kansas City Fed President Jeffrey Schmid, speaking at the same conference, said "it remains to be seen how much further ...
Fed's Schmid: Extent of Further Rate Cuts 'Remains to Be Seen'
(Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate ...
US inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price ...
Wall St Edges Higher After Inflation Data Keeps Fed Rate-Cut Hopes Intact
(Reuters) - U.S. stock index futures edged lower on Wednesday as an uptick in Treasury yields weighed on rate-sensitive ...
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 ...
CPI big picture: More interest-rate cuts coming. But when?
There’s little doubt the Federal Reserve will cut interest rates many more times in the next two years. What’s less clear is how fast the cuts will come. The October report on consumer prices showed ...
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 ...