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Fed, inflation
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Inflation Picks Up to 2.6%, but Door Stays Open to Fed Rate Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
16h
on MSN
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Despite the increase in rates, some home buyers were returning to the market, according to the Mortgage Bankers Association.
5h
Keep Your Eyes On The 10-Year Treasury While The Fed Continues Rate Cuts
Rising US debt and economic headwinds suggest that further rate cuts may not effectively lower Treasury rates or other loan ...
6d
Fed Cuts Rates Again
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...
5d
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
Yahoo Finance
6h
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
As of Wednesday, markets were pricing in two
Fed
rate
cuts by the end of June ... The item saw a 30.4% year-over-year ...
6d
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...
6d
Federal Reserve Cuts Rates: What It Means for Savings Accounts, Investments and Loans
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
CBS News on MSN
6d
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future ...
11h
on MSN
Dow, S&P 500 edge higher after inflation data keeps Fed rate-cut hopes intact
U.S. stock index futures turned positive on Wednesday after an in-line reading of the consumer price index did little to ...
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inflation
Donald Trump
United States Consumer Price Index
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