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According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
Wall Street's main indexes were on track for a subdued opening on Wednesday as investors evaluated strong economic data and awaited a key inflation report that is expected to influence the U.S ...
Wall Street opened lower on Thursday as hotter-than-expected September inflation data reinforced expectations of a 25-basis-point rate hike by the Federal Reserve at its upcoming meeting. The Dow ...
On the data front, the consumer prices index (CPI) data due on Wednesday is among the last major datasets ahead of the Federal Reserve's Dec. 17-18 meeting and could influence the central bank's ...
(Reuters) -U.S. stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out a slight gain after data showed a continued slowdown in ...
Over the prior year, prices rose 2.7% in September, above Wall Street's expectations for 2.6% and in line with the 2.7% seen in August. On a yearly basis, overall PCE increased 2.1%, its slowest ...
The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
A string of hotter-than-expected inflation reports in January have led Kolanovic and others to conclude that inflation's bumpy path to the Fed's 2% target should have investors worried as stocks ...