Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
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Core CPI Inflation Eases; S&P 500 Futures Jump, Fed Rate-Cut Hopes Rise (Live Coverage)
Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as ...
Fed likely to stand pat this month, wait for clarity on any tariff impacts: BMO
December's softer-than-expected monthly core reading from the consumer-price index likely gives the Federal Reserve "some breathing room" ahead of uncertain impacts from tariffs, said BMO Capital ...
After CPI inflation data, fed-funds futures point to potential rate cut in June
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
Stock market today: Dow, S&P 500, Nasdaq futures surge as inflation cools, bank earnings shine
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
'The inflation kettle is off the boil. But for how long is the question'
Wednesday's "most important inflation reading in recent memory" has come and gone, and so far, traders of stock index futures and Treasury bonds are loving it. But while a softer-than-expected reading ...