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Headline inflation is expected to have risen slightly in November to 2.7% from 2.6% in October. ... -Wall Street's main indexes closed lower on Tuesday as technology sector losses offset gains in ...
For instance, Bank of America forecasts a 0.1% and 0.3% month-over-month gain in September's headline and core CPI, respectively. Those moves shouldn't be enough to impact the Fed's thinking.
Markets are currently pricing in a 95% chance the Federal Reserve doesn't hike rates with ... Bank of America: "The May CPI report, like April, suggests core inflation is being narrowly driven by ...
"With inflation coming broadly in line with expectations, the pressure is off." "Tomorrow is likely to be the first FOMC meeting since March 2022 without a policy rate hike.
Because of the potential for inflation to tick higher in 2025 if Trump enacts widespread tariffs, many economists expect the Fed to slow or pause in its rate decisions next year in a wait-and-see ...
Attention now turns to the Personal Consumption Expenditure report, the central bank's preferred inflation gauge, due at 10 a.m. ET. Economists polled by Reuters expect prices to increase by 2.3% ...
Thursday's release is the final look at inflation before the Fed's next policy decision on Nov. 7. Key Fed inflation gauge shows price increases match expectations in September [Video] Skip to ...
A key inflation reading is set to greet investors amid a roaring post-election rally in markets. ... It closed the week up more than 8% for its best week since April 2020 and is now closing in on ...