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Nov. inflation increase won't derail Fed interest rate cuts
Fed Rate Cuts Look Nailed on After Inflation Data, Market Faces 2025 Disappointment. And 5 Other Things to Know Today.
Tesla stock hits a record high, Exxon Mobil outlines extensive investments over next 6 years, and more news to start your day.
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
Upcoming Consumer Inflation Report Stifles US Equity Futures
Stock Futures Fall as Inflation Boost Subsides Ahead of PPI Report
U.S. stock futures fell early Friday as investors put the brakes on the gains made following November’s inflation data. Futures on the S&P 500 were 0.1% down, while Dow Jones Industrial Average and Nasdaq 100 futures were 0.
Stock market today: Wall Street slightly lower in premarket ahead of another US inflation report
Wall Street is pointing slightly lower ahead of another U.S. inflation report and an expected interest rate cut by the European Central Bank
Upcoming Consumer Inflation Report Stifles US Equity Futures Pre-Bell
US equity futures were little changed pre-bell Wednesday as traders stayed on the sidelines ahead of the release of a key inflation report. Dow Jones Industrial Average futures flatlined, S&P 500 futures gained 0.
ABC News
8h
Fed expected to cut interest rates despite rising inflation. Here's why
Inflation
has fallen dramatically from its peak but ticked up this fall. A fresh
inflation
reading this week flashed a ...
7h
on MSN
Here’s the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the ...
23h
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision ...
29m
on MSN
Utilities bills to continue to rise with inflation
Water and sewerage bills will continue to rise in line with inflation after Tynwald backed Manx Utilities' updated five-year ...
4h
Inflation: The Problem Ahead
Inflation rose to 2.7% in November, aligning with economists' expectations of incoming president's plans to strengthen US ...
4h
on MSN
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
Los Angeles Times on MSN
3h
U.S. wholesale inflation accelerated in November, a sign that some price pressures remain
WASHINGTON — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still ...
54m
UBS is expecting higher inflation in the next decade. Here are 5 trades the bank recommends to beat rising prices.
UBS predicts that rising deficits and a deglobalizing economy will have inflationary effects on economy. Here's how to ...
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