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.
Richard Fisher, former Dallas Fed president, joins CNBC's 'Closing Bell' to discuss whether the Fed should cut interest rates ...
The market may be pretty confident of a rate cut next week but when it comes to the first half of 2025 it’s anyone’s guess ...
Inflation data was in line with expectations. Stocks rose as investors saw higher odds of another rate cut at next week's Fed ...
Upcoming FOMC meeting scheduled for Dec. 18 is expected to bring lower interest rates in the U.S., which should help boost ...
Gold prices extended gains on Tuesday, buoyed by top consumer China's pledge to ramp up policy stimulus to help spur economic ...
U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more ...
U.S. consumer prices rose in line with analysts' expectations, according to the Bureau of Labor Statistics monthly report ...
Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has ...
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