Why S&P 500’s financials sector is on pace for its best day since early November
Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of ...
Federal Reserve policy review should embrace a hard ceiling for inflation
The Federal Reserve will soon begin its quinquennial review of the monetary policy strategy, tools and communications ...
Fox Business29d
Fed’s preferred inflation gauge in November was lower than expected, but remains elevated
The Federal Reserve's favored inflation gauge came in ... in November and 2.4% on a year-over-year basis. Both came in below FactSet economists' estimates. Core PCE, which excludes volatile ...
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
US inflation likely remained sticky-high last month, threatening interest rate cuts
Fed Chair Jerome Powell has said the central bank will keep its key interest rate elevated until inflation is back to 2%. As ...
Federal Reserve Worried About How Trump Policies On Tariffs And Immigration Could Impact Inflation, Minutes Show
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...
AOL3d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
The Federal Reserve meets for its first two-day rate-setting session of 2025 on Tuesday, January 28, and Wednesday, January 29, 2025. At the end of its Federal Open Market Committee session on ...
MarketWatch25d
Why stocks and bonds slumped — and market volatility soared — after Fed meeting
Stocks and bonds sold off after the Federal Reserve ended its policy meeting ... skyrocketed 74% Wednesday to 27.6, according to FactSet data.
The Dow plunges 600 points as a strong jobs report and inflation fears crush rate cut hopes
The Dow fell 600 points on Friday morning after new job reports surpassed expectations, and the Federal Reserve indicated ...
CBS News on MSN8d
Strong December job growth could augur fewer Fed interest-rate cuts. Here's why.
The economy was expected to add 153,000 jobs last month, according to economists polled by financial-data firm FactSet. The unemployment rate ... kicking off a flurry of interest rate hikes from the ...