Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear ...
Stocks turned lower in afternoon trading, and that pressure continued through Friday. The S&P 500 fell as much as 1.6%, and has now given back more than half of its torrid 4% post-election gain. The ...
Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end ...
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U.S. stocks are falling toward their worst loss since Election Day as the big bump Wall Street got from last week’s victory ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Nvidia Corp's results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to ...
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