Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
only to rise again once the central bank actually cut its benchmark rate. Broader interest rates have risen because ...
The construction industry saw a slight uptick in market stress last month despite continued improvement in overall project ...
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
Wall Street gained confidence that the Federal Reserve will opt for another quarter-point interest-rate cut in December after the consumer price index for October matched expectations. Traders saw a ...
It wasn’t all about the presidential election this week. Though the big news story came Tuesday night into Wednesday morning ...