Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Treasuries rallied as inflation last month eased in the US by slightly more than economist had predicted, reinvigorating some ...
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, ...
A hotter-than-expected US CPI report could affirm expectations of just one Fed rate cut this year or prompt markets to price ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The milder-than-expected increase in consumer prices in December came as a big relief to Wall Street, but it leaves hardly any wiggle room for the Federal Reserve to cut interest rates early in the ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
Traders of interest-rate futures are now predicting nearly equal chances on Wednesday that the Federal Reserve will lower ...
The Federal Reserve cut interest rates by 25 basis points in its final meeting of the year. The Fed aims to bring inflation ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.