The S&P 500 was on track for its biggest gain of the year, while shares of smaller companies surged.
Tag: Federal Reserve System
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An Optimistic Inflation Report Reduces Pressure on the Fed to Raise Rates
Central bankers have been debating whether a final rate move is needed. A cooler-than-expected October inflation report may take the heat off.
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A High-Stakes C.P.I. Readout on Inflation Is Due
The latest Consumer Price Index report, due out on Tuesday, is expected to show that progress in bringing down inflation is slowing.
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Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed
Jerome H. Powell, the Federal Reserve chair, said officials will proceed carefully. But if more policy action is needed, he pledged to take it.
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Job Growth Slows, Sowing a Mix of Concern and Calm
U.S. employers added 150,000 workers in October, falling short of expectations, but the labor market retains spark nearly three years into a recovery.