Inflation and retail sales data greet a roaring stock market rally: What to know this week
On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, unchanged from September's increase. Monthly core price increases are expected to clock in at 0.3%, also in line with the September gain.
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.
Homebuilding sector analysts at Raymond James and Associates see mortgage rates remaining “higher for longer,” given the ...
Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four ...
Minneapolis Fed president Neel Kashkari told Yahoo Finance that inflation ... reported third quarter earnings that beat on ...
The Associated Press - Business News on MSN13d
Inflation gauge closely watched by the Fed falls to lowest level since early 2021As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said ...
The Fed’s future actions ... particularly in interest-rate-sensitive sectors such as housing and auto sales. “The restriction was in place because inflation was elevated,” said Claudia ...
WASHINGTON, Nov 1 (Reuters) - A data-heavy week has kept the U.S. Federal Reserve's core view intact of an economy where ...
XRP hits $0.7491 as Robinhood adds XRP; BTC climbs on Fed rate cut bets. Market eyes SEC decisions and economic data for next ...
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