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The Dow Jones Industrial Average gained nearly 2% for the past week, while the S&P 500 and the tech-heavy Nasdaq Composite added over 1.5%. This week, a fresh reading on the Fed's preferred ...
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 ...
Another economic growth update. US economic growth for the first quarter of 2024 came in far weaker than economists had expected. On April 25, the Bureau of Economic Analysis's advance estimate of ...
The Fed's interest rate decision on Wednesday will also be accompanied by an updated Summary of Economic Projections, which includes Fed officials' forecasts for inflation, economic growth, and ...
The Fed will convene for the final FOMC meeting of the year on Tuesday, and while markets see a 25-basis point interest rate cut as nearly certain, the view for January and beyond is murky.
The Fed is widely expected to hold interest rates steady this Wednesday at its first policy meeting of 2024. Investors will be looking for any clues about when cuts could begin.
Focus is back on the inflation front in markets this week, and the release of the November Consumer Price Index (CPI) is expected to show price increases continued to make little progress toward ...