Bond investors lifted wagers that the Federal Reserve will cut interest rates by a quarter point next month as a sharp rise in claims for unemployment took precedence over a hotter-than-expected ...
A cooldown of inflation would likely increase the chances of an interest rate cut at the Federal Reserve's meeting on Nov. 7, just days after Election Day. On the other hand, an acceleration of price ...
Now that a big inflation update is out of the way, focus has been turning to the labor market and what it has in store before the Federal Reserve's next interest-rate decision in November. But the ...
Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the ...