The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising ...
The Dow and S&P 500 recorded losses for the week, but the Nasdaq got a boost from big tech. Broadcom's valuation hit $1 ...
The fear among some commentators is that the Fed is cutting rates in a hot economy with inflation above target, raising the ...
The Federal Reserve could find it harder to balance growth and inflation next year, given the incoming Trump administration’s ...
The reason is clear, experts told ABC News: Interest rates will remain historically high even after a small cut. The Fed ...
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The ...
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate ...
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision ...
Persistent inflation probably won't stop a December rate cut, but it could affect the course of monetary policy for the next two years.
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Still, Barclays expects inflation to resume its descent, falling to 2.1% by spring before President-elect Donald Trump’s ...
One metric to watch in the CPI data is the year-over-year core CPI, which will play a key role in the outlook for Federal ...