US stocks drop as expectations of a Fed rate cut cool
WASHINGTON - US stocks fell on Nov 14, as traders digested an uptick in inflation and comments from Fed chairman Jerome Powell, which had the effect of cooling expectations of a December rate cut. Consumer and producer inflation data published this week point to a small rise in the rate of price increases, complicating the Fed’s rate-cutting plans.
The "neutral rate" of interest is something most economists and Fed officials are convinced exists, but it has never been ...
what might seem bullish or bearish for stocks, in terms of monetary policy, tends to have the opposite effect. For example, ...
The S&P 500 will get stuck around 5,800 for the rest of the year as rate cuts disappoint and concerns about US debt levels ...
Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end ...
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Bank stocks and tech shares rallied in the session ... which kicked off with a jumbo 50 basis point cut in September. After ...
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear ...
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