Two firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting into question how deeply the Federal Reserve will cut interest rates in 2025.
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
Next Fed rate cut could be 'least justified one in modern history': Leuthold Group
Forget the "Fed put." These days, it's starting to seem like the Federal Reserve has been working on a new derivative: the Fed call. That's according to Doug Ramsey, chief investment officer and portfolio manager at the Leuthold Group.
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.
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.
Wall Street opens little changed after in-line inflation data
Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to cut interest rates in December. The Dow Jones Industrial Average fell 30.
Stock market today: Wall Street drifts after inflation update comes in as expected
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,
Fed Refuses to Back Basel Climate Plan, Leaving Talks in Limbo
US regulators led by the Federal Reserve have refused to endorse a plan that would have seen the Basel Committee on Banking ...
Fed's Kugler says Fed has made good progress on achieving mandates
Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve ...
King Charles fed up with 'fragile' Prince Andrew as disgraced duke scrambles to save $38M home: experts
Prince Andrew, the Duke of York, reportedly raised the money he needed to continue staying at Royal Lodge after King Charles ...
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Fed’s Musalem Sees Gradual Rate Cuts If Inflation Keeps Falling
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
Dow Jones Today: Stock Futures Inch Higher Ahead of Economic Data, Comments from Fed Chair Powell; Disney Soars After Earnings
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
Credit card debt surges to another record high, New York Fed data shows
U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to ...
Asian Equities Climb as US CPI Supports Fed Easing: Markets Wrap
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
Gulf bourses end mixed with focus on Fed
Stock markets in the Gulf ended mixed on Thursday as investors assessed the monetary policy and inflation outlook in the ...
Trump Can Capture the Fed. Here’s How.
The president has a path to controlling monetary policy even without replacing the Fed chair, Benn Steil writes in a ...