Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
Wednesday’s reading on U.S. inflation sets the Federal Reserve up to cut interest rates next week, but the Fed may pause its rate-cutting cycle at its first policy meeting next year, according to ...
Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of U.S.
Hang Seng Index climbs as Fed rate cut hopes drive tech stocks; real estate lags amid China stimulus anticipation.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
Saudi Arabian stock market ended higher on Tuesday, as investors looked ahead to the U.S. Federal Reserve's upcoming interest ...
The rebound in the job market announced Friday is likely to keep the Federal Reserve on track to cut interest rates by ...
Gold futures rise 0.8% to $2,740.10 a troy ounce on geopolitical concerns and interest rate cut hopes. Futures are up 0.7% at $2,737.40 a troy ounce. Escalating geopolitical risks have bolstered the ...
Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has ...
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