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New Inflation Data Cements a Fed Cut Next Week
Fed Rate Cuts Look Nailed on After Inflation Data, Market Faces 2025 Disappointment. And 5 Other Things to Know Today.
Tesla stock hits a record high, Exxon Mobil outlines extensive investments over next 6 years, and more news to start your day.
Mortgage Predictions: New Inflation Data Cements a Fed Cut Next Week
Average mortgage rates surged to around 7% last month, but they've dropped recently, with markets betting that the Federal Reserve will reduce the federal funds rate on Dec. 18.
Global shares, greenback rise as inflation data reinforce rate cut expectations
Global shares and Wall Street indexes rose on Wednesday after an in-line inflation reading kept intact bets on the Federal Reserve cutting interest rates later this month.
Inflation Ticked Up
Inflation Picked Up in November; CPI Up 2.7% on Year
Inflation picked up in November, a sign that the path to bringing down price pressures remains bumpy. The consumer-price index rose 2.7% from a year earlier, the Labor Department said Wednesday, after rising 2.
Inflation Has Ticked Up in November
US inflation is reported to have risen slightly last month, but remained low overall according to data from the Labor Department.
Inflation rises 2.7% in November, in line with expectations
The Labor Department released new inflation data for November, which showed that prices were up 2.7% from a year ago as the Federal Reserve weighs another interest rate cut.
Treasury, Inflation
Treasury Yields Tick Lower After Inflation Data
Treasury yields fell as inflation data came in as expected and futures consolidate around the possibility of an interest-rate cut by the Fed next week.
Treasury yields edge lower after CPI inflation report
Treasury yields dipped Wednesday morning after fresh data showed U.S. inflation rose in November in line with Wall Street’s expectations. The yield on the 10-year Treasury note was down about 1 basis point at around 4.
10-year Treasury yield rises as investors digest inflation data
U.S. Treasury yields rose Thursday as investors digested the latest inflation reading and awaited further data.
21h
on MSN
Stock market today: Nasdaq tops 20,000 for the first time as tech jumps after inflation data
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
ABC News
8h
Fed expected to cut interest rates despite rising inflation. Here's why
Consumer prices rose 2.7% in November compared to a year ago, marking two consecutive months of rising
inflation
, ...
1d
Bond Investors Await Inflation Data That Could Sway Fed Choice
Bond traders are on high alert for a fresh dose of inflation data out on Wednesday that could determine whether Federal ...
1d
Inflation speeds up in latest data
Newly released federal pricing data show that annual inflation rates increased last month. The U.S. Bureau of Labor ...
20h
Materials Down After Inflation Data -- Materials Roundup
Producers of metals and other raw materials ticked down in the wake of elevated inflation data. Prices of consumer goods increased at the sharpest month-over-month pace in a year and a half, led by a ...
3h
on MSN
South African rand steady after Q3 employment, producer inflation data
The South African rand was steady against the dollar on Thursday, after the release of third quarter employment data and ...
1d
Housing Inflation Data Flash a Positive Signal
The consumer price index’s housing measure, the shelter index, decelerated in November, but the price growth in this sector ...
2d
What to Expect From Wednesday's Inflation Report
Inflation has barely budged in recent months, and that trend is likely to continue in November, as measured by the Consumer ...
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