Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
The data, coupled with Powell's comments, saw traders sharply pare bets that the Fed will cut rates by 25 basis points in December, with CME Fedwatch showing traders pricing in a 51.7% chance rates ...
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed ...
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Trade policy changes under the incoming Trump administration could raise costs for a wide range of materials, economists say.
The major averages fell Thursday as Fed Chair Powell signaled patience in the pace of lowering interest rates.
WASHINGTON >> U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and ...
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
US wholesale prices rose slightly in October, according to government data published Thursday, as an increase in services inflation pushed up the overall figure.
Wall Street's main indexes were subdued on Thursday after monthly producer prices rose as expected, with investors awaiting ...