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Fed Rate Cuts Look Nailed on
Fed Rate Cuts Look Nailed on After Inflation Data, Market Faces 2025 Disappointment. And 5 Other Things to Know Today.
Tesla stock hits a record high, Exxon Mobil outlines extensive investments over next 6 years, and more news to start your day.
Gold advances as inflation data fuels Fed rate cut optimism
Gold gained on Wednesday after an inflation print came in line with expectations, boosting the likelihood of a Federal Reserve rate cut next week, while investors awaited U.S. Producer Price Index (PPI) data for further direction on monetary policy.
Inflation ticked up again in November. Will the Fed cut rates next week?
Inflation is moving in the wrong direction. U.S. inflation picked up for a second straight month in November on a rise in food and gasoline prices, underscoring that the final stretch of the Federal Reserve's two-year battle against sharply rising prices has become more challenging.
16h
CPI rose 2.7% in November from a year ago as Fed struggles to snuff out inflation
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The ...
18h
Housing Inflation Data Flash a Positive Signal
The consumer price index’s housing measure, the shelter index, decelerated in November, but the price growth in this sector ...
1d
November CPI Report: What to Know Ahead of Tomorrow’s Inflation Data
Here are the key points to know ahead of the latest consumer-price index, due Wednesday at 8:30 a.m. ET: Prices likely rose 2 ...
20h
on MSN
Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates ...
22h
Inflation speeds up in latest data
The U.S. Bureau of Labor Statistics released its latest Consumer Price Index, a key marker of inflation, which showed that ...
20h
Here's the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the ...
1h
Consumer inflation for November slows to 5.48%, gives RBI elbow room for rate cut
Decline in food and beverage group led to retail inflation, based on Consumer Price Index (CPI) dropped to 5.48 per cent in ...
4h
on MSN
South African rand sees tailwind from local inflation and retail data
The South African rand extended gains against the dollar on Thursday, supported by subdued local consumer inflation and ...
1d
on MSN
Progress on inflation may have stalled in November
One snapshot of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.7 percent ...
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