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Fed meeting starts today, rate cut on the cards. Here’s what experts are saying

The US Federal Reserve's meeting, starting today, is expected to announce changes in interest rates…

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Inflation heated up in October as expected

October's consumer price index was expected to show inflation heating up at a 2.6% rate.

Madison Hoff   


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Investors are underestimating how deep rate cuts will be in 2025, Goldman says

Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.

Filip De Mott   


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Stock market today: Indexes tumble after Fed comments dent December rate-cut odds

Stock indexes retreated as investors digested comments that the Fed is in no hurry to reduce intere…

Filip De Mott   


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Stock market today: Tesla powers tech rally as Nasdaq snaps 5-day skid

Top of mind for investors this week include Nvidia's third-quarter earnings report and a slew of ec…

Matthew Fox   


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Stock market today: Indexes rise as Wall Street awaits the result of the US election

Wall Street is waiting for the outcome of the US election and will quickly shift gears to the Fed's…

Filip De Mott   


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Another jumbo Fed cut is coming by year-end with the US labor market weaker than many think, Citi economist says

"We see this weakening labor market dynamic across a number of different data points: low hiring ra…

Filip De Mott   


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Stock market today: Indexes trade lower as investors brace for US election

After the election, investors will shift their attention to the Federal Reserve's interest rate dec…

Matthew Fox   


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Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks

Traders see another rate in December as likely after consumer and wholesale inflation this week wer…

Kelly Cloonan   


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The Fed could pause rate cuts at its meeting next week if the October jobs report is hot, Wharton professor Jeremy Siegel says

The Fed could pause rate cuts if the October jobs report is hot, Siegel said. The September report …

Jennifer Sor   


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The stock market's Trump honeymoon is turning sour

More than half of the stock market's post-Trump-election rally has been erased.

Filip De Mott   


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Stock market today: Indexes edge higher after tame October inflation report

Inflation was in-line with expectations, leading investors to solidify bets for another quarter-poi…

Jennifer Sor   


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Stock market today: Nasdaq closes at a record ahead of key tech earnings

Meta and Microsoft will report earnings on Wednesday, followed by Apple and Amazon on Thursday. The…

Jennifer Sor   


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Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central …

Kelly Cloonan   


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Stock market today: Dow ends at a record high as markets see rising odds of another big rate cut

Odds of another 50 basis point rate cut at the Federal Reserve's next FOMC meeting in November hit …

Matthew Fox   


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Stock market today: Indexes trade mixed as investors assess rate outlook after new inflation data

Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its i…

Jennifer Sor   


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Inflation was hotter than expected in September, but continued its downward trend

September's consumer price index was expected to show inflation still cooling.

Madison Hoff   


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Stock market today: Indexes drop ahead of Tuesday's presidential election

Investors will have little time to rest this week, with the next Fed policy meeting set to kick off…

Matthew Fox   


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Stock market today: Indexes slip as traders digest GDP and inflation data ahead of more big earnings

GDP rose 2.8% last quarter, while PCE inflation was 2.2% in September. Traders are bracing for earn…

Filip De Mott   


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The Fed is likely to disappoint markets with just one more rate cut this year amid global inflation, BlackRock CEO says

BlackRock CEO Larry Fink said the Fed will cut rates just once more this year amid sticky inflation…

Kelly Cloonan