Inflation increased in November, complicating Fed's next rate decision
The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed pause as it weighs interest rate cuts.
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising ...
Investors still widely expect the Fed to cut rates by a quarter percentage point next week. Read more at straitstimes.com.
Bitcoin (BTC-USD) climbed past the six-figure mark once again on Wednesday, driven by inflation data that matched ...
Policymakers will decide whether or not to cut interest rates next week, and Wednesday’s report could be a critical factor.
Stocks wobbled before a key inflation report. November CPI data comes ahead of the Fed's final meeting of 2024, with markets ...
Global shares and Wall Street indexes rose on Wednesday after an in-line inflation reading kept intact bets on the Federal ...
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.
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