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Fed, Wall Street
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.
Dow Falls 200 Points. Wall Street Lowers Rate-Cut Expectations.
The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell. The Dow Jones Industrial Average fell 208 points,
7d
Wall Street Reacts to the Fed Decision
Here's what Wall Street has to say following the Fed's quarter-percentage-point rate cut: "The potential for future trade and ...
7d
on MSN
Wall Street Has Best Fed Day of 2024 Across Assets: Markets Wrap
US stocks are extending gains, with traders expecting the Federal Reserve to cut interest rates later on Thursday. The S&P ...
Reuters on MSN
7d
Wall Street hits all-time highs, Fed decision on tap
Wall Street's main stock indexes hit record highs in the run-up to an interest-rate decision from the Federal Reserve on ...
3d
A Potential Fight Over the Fed’s Future Ramps Up
As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ...
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