The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
Schmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their ... The in-line data ...
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Homebuilding sector analysts at Raymond James and Associates see mortgage rates remaining “higher for longer,” given the ...
said "it remains to be seen how much further interest rates will decline or where they might eventually settle." The Fed cut ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.