Stock Futures Jump as Cooling Inflation Keeps Market’s Rate-Cut Hopes Alive
U.S. stock futures were rising Thursday after a surprise cooldown in a key inflation measure appeared to boost the chances that the Federal Reserve will cut interest rates at some point this year. Core consumer price inflation,
Rodrigo Catril, senior currency strategist at NAB sees optimism in the latest U.S. data release, suggesting that the Fed ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The survey's findings, which draw on observations from the business contacts of each of the Fed's 12 regional banks, provide ...
Notes: Fed policymakers reduced the policy rate in December to the 4.25%-4.50% range. Projections showed most policymakers ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
As the Federal Reserve continues to unwind its balance sheet, it’s still dogged by the same issues that it faced more than ...
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
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