The rise in the 10-year Treasury yield since the Fed's September interest-rate meeting was due to a stronger economy, said St. Louis Fed President Alberto Musalem on Wednesday. "Stronger data reduced ...
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Most economists believe overall prices will continue downward trend following first rise in annual inflation in seven months ...
"The message from October CPI to the Fed is tread lightly when guiding for future rate cuts," Blitz wrote, noting that was ...
Homebuilding sector analysts at Raymond James and Associates see mortgage rates remaining “higher for longer,” given the ...
As a result, Wednesday’s figures could keep the Fed on track to cut its key rate for a third time in December, as its ...
The October inflation numbers were just released as part of the consumer price index — they are first inflation numbers since ...
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Inflation rises in October; Fed rate cut still expectedThe report from the Labor Department on Wednesday was in line with economists' forecasts, and did not change expectations ...
In fact, mortgage rates are going on their sixth week of increases. That's despite the Fed having made an even bigger 0.5% ...
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.
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