Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
The data, coupled with Powell's comments, saw traders sharply pare bets that the Fed will cut rates by 25 basis points in December, with CME Fedwatch showing traders pricing in a 51.7% chance rates ...
The USD/CAD pair trades flat near 1.4060 amid the consolidation of the US Dollar (USD) during the early Asian session on ...
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed ...
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Trade policy changes under the incoming Trump administration could raise costs for a wide range of materials, economists say.
Wall Street dips as traders await Powell’s speech, with PPI data steady but inflation concerns lingering. Rate cut ...
The major averages fell Thursday as Fed Chair Powell signaled patience in the pace of lowering interest rates.
The Dow Jones is still trending deep into bull country regardless of any near-term drags; the index is on pace to close in the green for all but two months of 2024. The DJIA is also trading well above ...
WASHINGTON >> U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and ...