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An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into the Federal Reserve's plans for ...
And though these figures come from a different data set, Friday’s jobs report showed wage gains continued to impress, rising 0.6% over the prior month in January and 4.5% over last year. And ...
Weekly calendar Monday. Economic data: Dallas Fed Manufacturing Activity (-16 expected, -19.2 previously); New home sales, October (723,000 annualized rate expected, 759,000 previously); New home ...
After three hot inflation reports helped push back the timing of the Federal Reserve’s long-anticipated interest rate cuts in the first quarter, investors were hoping to see signs of cooling ...
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts.
The latest inflation report is likely to cement a 0.25% cut in the Federal Reserve's key interest rate, currently at about 5.3%, later this month. ... In a note last week, Torsten Slok, partner ...
“Today’s inflation data cemented in a [25] basis point cut next week. [50] basis points is out the window,” said Gina Bolvin, president of Bolvin Wealth Management Group. “The job market ...
The stock market's new record high will be challenged in the week ahead by a slew of corporate earnings reports and a fresh reading of the Fed's preferred inflation gauge.