US inflation

All Eyes on Thursday’s CPI: Why One Number Could Decide Markets’ Next Move

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CPI Report

Key Points Wall Street is bracing for Thursday’s release of the November consumer price index, a closely watched report that will be the first snapshot of inflation since the record-setting U.S. government shutdown wrapped up last month. Economists surveyed by Dow Jones expect the data to show inflation running at a 3.1% annual pace. Core … Read more

Markets on Edge: Will the Fed Really Pull the Trigger on Another Rate Cut This Week?

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Fed

After weeks of uncertainty over whether the Federal Reserve will cut interest rates for the third time this year, the growing consensus is that the central bank is likely to move forward with a 25-basis-point cut on Wednesday — even if officials aren’t fully aligned. “This is a hard call,” said Alan Blinder, former Fed … Read more