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Core CPI Inflation Stuck Above 3%, But Fed Rate Cut Odds Rise; S&P 500 Falls (Live Coverage)
The 10-year Treasury yield is at 4.41%, below Tuesday's 4.43% but off premarket lows. The odds of a December Fed rate cut ... 3% vs. September levels, as expected. The 12-month core CPI inflation ... Read More
Fed's Preferred Inflation Gauge Falls More Than Expected: Markets Breathe Sigh Of Relief
The Federal Reserve’s key inflation measure came in below expectations for November, delivering welcome relief Friday to markets after the central bank warned earlier this week of mounting price ... Read More
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
The Commerce Department reported that prices rose just 2.1% in September ... inflation has declined to a 2.3% annual rate, down from 2.5% in August. And economists still expect the Fed to cut ... Read More
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