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Wall Street is drifting and making smaller moves on Wednesday, a day after strong reports on the economy stirred up worries ...
Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...
Wall Street sees modest moves amid inflation and interest rate concerns, with the S&P 500 down 0.1% and the Dow Jones losing 115 points. Fed Governor Waller anticipates further rate cuts in 2025.
A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated ...
However, Waller appeared more optimistic than many on Wall Street, where fears of stubborn inflation have increased in recent weeks. Despite a slight uptick in inflation to 2.4 percent in November ...
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation ...