‘We’ve seen this before,” warns BofA. Why inflation could take until 2024 to fall to 3% and weigh on stocks.
admin U.S. stocks roared higher Thursday after October’s consumer-price index showed inflation rising at a less…
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Mester says Fed needs to keep interest rates higher for longer to cool inflation
The president of the Cleveland Federal Reserve welcomed “some easing” in U.S. inflation, but she…
Read MoreFed’s Daly, despite ‘welcome’ CPI data, still wants to raise benchmark rate above 4.5%-4.75% range
The Federal Reserve should still raise its benchmark interest rate slightly above a 4.5%-4.75% rate…
Read MoreDow soars more than 1,000 points for first time since 2020 as investors cheer cooling U.S. inflation
U.S. stocks were on track for their biggest daily gain since 2020 as the Dow…
Read MoreThese 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data
What a difference a day can make, especially when there’s a surprising economic report that…
Read MoreNew homeowners and renters are hit hard by October inflation — here’s how they’re cutting back on expenses to beat rising costs
Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more…
Read MoreU.S. inflation shows signs of easing, CPI finds, and might give Fed ammo to go slower
The numbers: The cost of living rose a relatively modest 0.4% in October, suggesting inflationary…
Read MoreU.S. inflation shows signs of easing, CPI finds
The numbers: The cost of living rose a relatively modest 0.4% in October, suggesting that…
Read MoreGold treads water above $1,700 an ounce as investors await U.S. inflation report
Gold and silver prices traded marginally lower on Thursday, weighed down by a stronger U.S.…
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These 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data
What a difference a day can make, especially when there’s a surprising economic report that…
Read More