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,
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
Core PPI, which excludes more volatile food and energy prices, rose 0.3% in the month and 3.1% year-over-year. Investors will ...
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
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Stock market today: Asian shares retreat after Wall Street's mixed finish, as dollar surgesThe Fed began cutting interest rates from their two-decade high in September to keep the job market hummin g after ...
Elon Musk to lead a new government department, Exxon CEO cautions against leaving Paris climate agreement, more news to start ...
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
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Stock market surges on Election DayThe Fed is widely expected to cut interest rates by another quarter ... rates and loose regulation that would likely ...
Gift Nifty was trading around 23,630 level, a discount of nearly 28 points from the Nifty futures’ previous close, indicating ...
Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump ...
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