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Inflation, federal reserve
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December.
Stocks inch up, dollar eases as inflation adds to bets on Fed cut
U.S. stock futures cut losses, while the dollar retreated on Wednesday, after data showed U.S. inflation continued to slow as expected last month, helping firm up traders' conviction that the Federal Reserve may cut rates again in December.
Inflation Picked Up
October CPI: Inflation hits another bump on road to Fed's 2% target
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The options market is pricing in a 0.7% move, either up or down, for the S&P 500, and a 1.6% move for the Russell 2000.
Inflation Picked Up in October; CPI Up 2.6% on Year
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
US Inflation May Have Picked up in October After Months of Easing
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years
4h
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 ...
Seeking Alpha
6h
October CPI Inflation Report Shows The Fed Was Right On Inflation Management
CPI
inflation
rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. The latest ...
8h
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.
Reuters
8h
Fed officials wary of inflation risks as they weigh more rate cuts
Fed
policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
9h
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.
5h
US Inflation Keeps Steady as Fed Looks to Avoid Reversal
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
MarketWatch
8h
CPI inflation data signals Fed needs to 'tread lightly' when guiding markets on future rate cuts: economist
There are one-offs in any month, auto insurance, used cars, but
inflation
is stabilizing at a level that reflects general ...
36m
Asian Equities Climb as US CPI Supports Fed Easing: Markets Wrap
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
Seeking Alpha on MSN
9h
The risk of inflation ceasing to converge toward 2% has risen, KC Fed's Musalem says
Recent data suggests that the risk of
inflation
"ceasing to converge toward 2%, or moving higher, has risen," while the ...
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