CPI for September: Inflation higher than expected. Fed rate cuts still seen as likely.
Somewhat higher core inflation and a strong September jobs report have raised questions among investors about whether the Fed will cut rates again next month. Social Security’s cost-of-living adjustment will be 2.5% in 2025, down from the 3.2% seen in 2024, the Social Security Administration said on Thursday.
Famed economist Ed Yardeni said earlier this year the Federal Reserve would be "one and done" when it comes to rate ...
Shelter inflation has been a stumbling block for the Federal Reserve in its fight against inflation. September's Consumer ...
Federal Reserve Bank of Chicago President Austan Goolsbee said he doesn’t see convincing evidence that the economy is ...
Chicago Fed president Austan Goolsbee says one month of strong jobs and inflation data won't keep the Fed from cutting rates ...
Wall Street stocks advanced on Wednesday with the S&P 500 and the Dow scoring record closing highs after the release of ...
With concern over US employment subsiding, investors are now looking to Thursday’s inflation reading for signs the Fed ...
September's half percentage point reduction to a fed funds range of 4.75% to 5.00% was unprecedented for an economy in ...
The Indian rupee is likely to open nearly flat on Friday and hold a narrow range after U.S. inflation data did not have much ...
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