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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 ...
3d
on MSN
Does Stanley Druckenmiller Know Something Wall Street Doesn't? The Billionaire Investor Is Worried About a Repeat of 1970s Market-Crushing Inflation.
In recent weeks, Druckenmiller has expressed concerns about whether or not the Fed has truly won its battle with inflation.
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.
Hosted on MSN
6d
Wall Street Has Best Fed Day of 2024 Across Assets: Market Wrap
“Powell would not tip his hand on whether the
Fed
would likely cut rates in December, which shouldn’t surprise investors.
4d
Wall Street Brunch: Time To Eye The CPI
The core CPI is expected to have risen 0.3% in October. Disney, Home Depot, Alibaba highlight earnings calendar. Bitcoin hits ...
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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