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New Inflation Data Cements a Fed Cut Next Week
Mortgage Predictions: New Inflation Data Cements a Fed Cut Next Week
Average mortgage rates surged to around 7% last month, but they've dropped recently, with markets betting that the Federal Reserve will reduce the federal funds rate on Dec. 18.
Market Certain of Fed Rate Cut. But Inflation Data Raise More Questions.
Inflation data appear to have cemented the market’s view of a quarter-point rate cut next week, but beyond that they have provided little clarity. Traders now see a 99% chance of a cut on Dec.18, up from 71% a week ago,
Global shares, greenback rise as inflation data reinforce rate cut expectations
Global shares and Wall Street indexes rose on Wednesday after an in-line inflation reading kept intact bets on the Federal Reserve cutting interest rates later this month.
Inflation Ticked Up
Inflation Picked Up in November; CPI Up 2.7% on Year
Inflation picked up in November, a sign that the path to bringing down price pressures remains bumpy. The consumer-price index rose 2.7% from a year earlier, the Labor Department said Wednesday, after rising 2.
Inflation Has Ticked Up in November
US inflation is reported to have risen slightly last month, but remained low overall according to data from the Labor Department.
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet.
20h
on MSN
Stock market today: Nasdaq tops 20,000 for the first time as tech jumps after inflation data
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
1d
Bond Investors Await Inflation Data That Could Sway Fed Choice
Bond traders are on high alert for a fresh dose of inflation data out on Wednesday that could determine whether Federal ...
2h
on MSN
South African rand steady after Q3 employment, producer inflation data
The South African rand was steady against the dollar on Thursday, after the release of third quarter employment data and ...
23h
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
Inflation speeds up in latest data
Newly released federal pricing data show that annual inflation rates increased last month. The U.S. Bureau of Labor ...
56m
Retail Inflation Eases To 5.48% In November: Government Data
Retail inflation slowed to 5.48 per cent in November compared to 6.21 pc in October, mainly due to easing food prices, ...
2d
What to Expect From Wednesday's Inflation Report
Inflation has barely budged in recent months, and that trend is likely to continue in November, as measured by the Consumer ...
2d
Inflation Data, ECB Rate Decision, Broadcom Earnings: What to Watch This Week
An update on November price pressures is the likely highlight for U.S. markets this week, before the Federal Reserve’s last ...
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