Asia-Pacific markets were set to open higher Wednesday, following gains on Wall Street that saw the Nasdaq Composite surge to record highs after November's inflation report met expectations.
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
Treasury yields dipped Wednesday morning after fresh data showed U.S. inflation rose in November in line with Wall Street’s expectations. The yield on the 10-year Treasury note was down about 1 basis ...
Core CPI, which excludes food and energy costs and is considered a better indicator of future prices, also matched estimates.
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve’s plans for another rate cut.
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising ...
That's more than the 0.2% that the CPI rose from September to October. The key driver of the increase was the 0.3% monthly ...
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The ...
The dollar was higher on Wednesday after U.S. price data came in line with forecasts, reinforcing expectations the U.S.
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could ...
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates next week.
REPORT It’s Wednesday. Christmas is two weeks from today!! 🎅🎄 Everybody in the holiday spirit? Here’s what’s happening ...