Inflation Stays Firm, but Not Enough to Derail December Fed Cut
That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year. ... The Wall Street Journal. English Edition. Edition Print Edition ... What's News. Top stories ...
Wall Street drifts near record highs after an in-line inflation …
2 days ago · NEW YORK (AP) — U.S. stocks are drifting near their records Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 was virtually flat in morning trading, coming off its first loss since before Election Day last week.
US wholesale inflation picks up slightly in sign that some price ...
1 day ago · Thursday’s report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0.1% gain the month before. Compared with a year earlier, wholesale prices were up 2.4%, accelerating from a year-over-year gain of 1.9% in September.
Wall Street ends mixed while inflation data keeps Fed rate-cut …
2 days ago · A Labor Department report showed the consumer price index (CPI) rose 0.2% in October on a monthly basis, compared with estimates of a 0.2% increase, according to economists polled by Reuters. It ...
Fed president confirms confidence in inflation dip as Wall Street …
2 days ago · Reuters. Nov 13 (Reuters) - Wall Street's main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest ...
Inflation hit a bump in October after slowing for six straight …
2 days ago · The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.
How major US stock indexes fared Wednesday, 11/13/2024 | AP News
2 days ago · Updated 1:19 PM PST, November 13, 2024. U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 ended little changed Wednesday. The Dow Jones Industrial Average edged up 0.1%, and the Nasdaq composite slipped 0.3%.
Stock market today: Wall Street drifts after inflation ... - ABC News
2 days ago · NEW YORK -- U.S. stocks are drifting near their records Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest ...
Wall Street ends slightly lower after higher than expected inflation ...
Oct 10 (Reuters) - Wall Street's main indexes closed lower on Thursday as investors looked to higher-than-expected inflation and unemployment claims for indications on the health of the...
Inflation Continues Its Bumpy Decline With Mixed September …
Oct 10, 2024 · U.S. inflation eased to a new three-year low but is cooling more slowly than expected, new data showed. The consumer-price index rose 2.4% from a year earlier in September, the Labor Department...