Better-than-Expected Inflation Report Generates Cut Predictions
- The stock market rose after inflation reports showed a 0.3% increase for September, lower than the projected 0.4%.
- The annual inflation rate is now at 3%, below the expected 3.1%, according to Bureau of Labor Statistics data.
- Core inflation for September came in at 0.2%, which is lower than the 0.3% projection.
- White House Press Secretary Karoline Leavitt stated that inflation coming in below expectations is 'good news for American families.
30 Articles
30 Articles
US stock markets continued their record-breaking run on Friday. The AEX also reached its all-time high. Investors continued to flock to stocks after better-than-expected inflation and corporate data from the US.
Markets 'On Fire' After Inflation Numbers Come in Lower Than Expected
The stock market rose Friday after the latest report on inflation showed the Trump economy once again beating economists’ projections. September’s consumer price index showed inflation rising 0.3 percent for […] The post Markets 'On Fire' After Inflation Numbers Come in Lower Than Expected appeared first on The Western Journal.
Better-than-expected inflation report generates cut predictions
(The Center Square) – Investors are predicting another rate cut at the Federal Reserve’s meeting next week after a better-than-expected inflation report Friday, while stocks reached new highs.
Stock market review.The results of companies should continue to support the stock market trend. ...
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