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,
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U.S. stock futures were inching higher on Wednesday morning after the latest consumer-price index report matched expectations. "A hotter-than-expected inflation number could h ...
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Still, the market indicates a 37.9% chance that the Federal Reserve will keep interest rates steady next month. Trump's ...
Spencer Platt / Getty Images Stock futures were lower Wednesday ahead of the release ... The yield has been rising as ...
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Indexes edged up on Thursday, heading for another day of gains after Donald Trump's election victory fueled a massive rally ...
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Stock market surges on Election DayMajor stock indexes and large tech firms showed gains on Tuesday ... dialing back its yearslong fight against inflation and ...
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