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New Inflation Data Cements a Fed Cut Next Week
Mortgage Predictions: New Inflation Data Cements a Fed Cut Next Week
Mortgage rates could still fall if economic data weakens and the Fed continues cutting interest rates. But that's a big "if." Lately, progress has stalled on getting inflation dow
Market Certain of Fed Rate Cut. But Inflation Data Raise More Questions.
Inflation data appear to have cemented the market’s view of a quarter-point rate cut next week, but beyond that they have provided little clarity. Traders now see a 99% chance of a cut on Dec.18, up from 71% a week ago,
Gold advances as inflation data fuels Fed rate cut optimism
Gold gained on Wednesday after an inflation print came in line with expectations, boosting the likelihood of a Federal Reserve rate cut next week, while investors awaited U.S. Producer Price Index (PPI) data for further direction on monetary policy.
Inflation remains sticky
Consumer Prices Rose in November as Inflation Remains Sticky
Key Takeaways The Consumer Price Index rose 2.7% over the year in November, up from 2.6% in October, marking the second consecutive month inflation has risen year-over-year.Groceries and used cars were among the items that got noticeably more expensive.
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet.
Inflation Ticked Up to 2.7% in November
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Gold prices flat
Stock market today: World stocks are mixed ahead of key US inflation data
European markets open lower while Asian stocks are mixed after U.S. indexes declined ahead of an update on consumer inflation due later Wednesday.
Gold prices flat as US inflation data dominates
Gold prices were flat on Wednesday as investors awaited a U.S. inflation print that could influence the likelihood of a Federal Reserve's interest rate cut next week and offer clues on the central bank's 2025 outlook.
Gold Rises as Markets Await Key U.S. Inflation Data
Gold futures were rising 0.3% to $2,725.60 a troy ounce ahead of the release of key U.S. economic data. Investors are positioning themselves ahead of Wednesday's release of Consumer Price Index data,
4h
on MSN
Data Says Paychecks Are Keeping Up With Inflation, Some Workers Beg To Differ
Key Takeaways Official data on wages shows that pay raises have more than kept up with inflation in 2024, but in a survey of ...
1d
Bond Investors Await Inflation Data That Could Sway Fed Choice
Bond traders are on high alert for a fresh dose of inflation data out on Wednesday that could determine whether Federal ...
1d
on MSN
Stock market today: Nasdaq tops 20,000 for the first time as tech jumps after inflation data
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
1d
Housing Inflation Data Flash a Positive Signal
The consumer price index’s housing measure, the shelter index, decelerated in November, but the price growth in this sector ...
2d
US Inflation Data to Show Fourth Consecutive Month of Firm Gains
Forecasters expect a monthly report on US consumer prices to show a fourth-straight month of firm increases in prices, ...
1d
Inflation speeds up in latest data
Newly released federal pricing data show that annual inflation rates increased last month. The U.S. Bureau of Labor ...
9h
on MSN
South African rand steady after Q3 employment, producer inflation data
The South African rand was steady against the dollar on Thursday, after the release of third quarter employment data and ...
2d
What to Expect From Wednesday's Inflation Report
Inflation has barely budged in recent months, and that trend is likely to continue in November, as measured by the Consumer ...
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