Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Yahoo Finance12h
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told ...
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 ...
Stock index futures gain ahead of wholesale inflation report
Stock index futures gained on Thursday, with investors set to turn their attention to the wholesale inflation report.  S&P ...
New York Post8h
Inflation remains stubborn as wholesale prices accelerate after Fed rate cuts
Thursday’s report from the Labor Department showed that its producer ... notably healthcare and financial services, flow into ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
American Banker1h
Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
US Fed rate cut | First inflation uptick in seven months does little for Powell-led FOMC's plans for Dec; here's why
US CPI inflation matched expectations for an uptick to 2.6% in October, while core inflation held steady at 3.3%. Core ...
BusinessMirror12h
Markets see 80% chance of December Fed cut after inflation data
Traders added to wagers that the Federal Reserve will cut interest rates by another quarter point next month after in-line inflation data, spurring gains for Treasury debt. The rally trimmed yields on ...