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Fed seen on track for rate cuts
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Today's CPI report marks the last major piece of economic data before the Federal Reserve's Sept. 17 rate decision meeting.
US stocks were on pace for record closes as Wall Street's attention turned from an upbeat day marked by renewed AI fervor to ...
The Fed’s preferred inflation measure is the PCE index, not CPI. Data for August on this measure will be released after the central banks’ rate-setting meeting on September 17, although it is unlikely ...
10hon MSN
Bitcoin, XRP, Ethereum Slip as Crypto Rally Stalls. Fed Rate Cuts in Focus After CPI Report.
Cryptocurrencies are being boosted by hopes of multiple cuts this year and by hype around IPOs and crypto treasury companies.
A tame CPI report won't move Federal Reserve officials to back a 50-basis-point rate cut in September, believes Sarah House, ...
Consumer prices were up 2.9% in August from a year earlier, hotter than July’s gain of 2.7%. The year-over-year reading was ...
With August data for both the CPI and the producer price index proving fairly soft for August, economists expect the Fed’s ...
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