Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
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Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
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Stock market surges on Election DayThe Fed is widely expected to cut interest rates by another quarter ... rates and loose regulation that would likely ...
U.S. stocks finished mostly higher on Wednesday, with the S&P 500 barely eking out a gain, after October's consumer-price index came in cooler than some market participants had expected. The Dow ...
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