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Fed Minutes Signal More Caution on Cuts
Fed says it believes inflation will continue to fall; possible rate cuts ahead
Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are pleased with the current easing of interest rates, and more gradual cuts may follow.
Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves
Fed Minutes Signal More Caution on Cuts if Inflation Progress Stalls
The central bank has lowered interest rates by 0.75 point since September.
Tech stocks drag on S&P 500, Nasdaq
Big Tech Losses Pull US Stock Market Down as Inflation Gauge Ticks Higher
Wall Street experienced a rocky Wednesday morning as losses in Big Tech stocks countered broader market gains as a key inflation gauge ticked higher. What Are the Big Tech Losses? Ahead of the inflation report,
Nasdaq leads Wall St declines as tech stocks slump after inflation data
Wall Street's main indexes fell on Wednesday, with the Nasdaq leading declines as technology stocks slumped ahead of the Thanksgiving holiday, while investors focused on the Federal Reserve's next move following an in-line inflation reading.
Nasdaq down, S&P off high with tech stocks under pressure, PCE inflation staying sticky
Key U.S. stock indexes were mixed Wednesday, as investors waded through a slew of economic data and some disappointing corporate financial updates ahead of the Thanksgiving Day holiday. Alongside signals of softness from tech stalwarts,
42m
on MSN
American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before ...
3h
Inflation Proved Stubborn in October, Fed’s Preferred Metric Shows
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through ...
1h
on MSN
US consumer price increases accelerated last month with inflation pressures resilient
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
2h
US consumer spending rises solidly, inflation appears stuck above Fed target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
2h
Housing Costs Are Pushing Up Inflation
Another large jump in housing-related expenses in October is keeping the Federal Reserve’s preferred inflation index stuck ...
CNET
4h
Here's What a Second Trump Term Means for Inflation, Taxes and Student Loans
Not all of Trump's policy details are spelled out, and many require congressional approval. While it's impossible to know all ...
3h
on MSN
S&P 500, Nasdaq extend declines after October inflation data
The S&P 500 and the Nasdaq extended declines on Wednesday as investors assessed an in-line inflation report, although the ...
2h
Thanksgiving parade 2024 balloon inflation: How to watch, streaming channel
The Macy’s Thanksgiving Day Parade Balloon Inflation is taking place Wednesday afternoon on the Upper West Side, giving New ...
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