The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
The Federal Reserve dialed back its inflation projection on Wednesday, seeing its favorite gauge falling to 2.4% in 2024.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting.
Stocks making the biggest moves midday: Etsy, Pfizer, Tesla, Vertex Pharmaceuticals and more
These are the stocks posting the largest moves in midday trading.
Wholesale prices held flat in November, providing another encouraging inflation signal
The producer price index, which measures a broad range of prices on final demand items, was unchanged for the month.
Here are 3 money tips every high school student should know
CNBC’s senior personal finance correspondent Sharon Epperson shared advice with high school students at Junior Achievement of Middle Tennessee in December.
Stocks making the biggest moves before the bell: Tesla, Pfizer, Roblox, Hertz and more
These are the stocks posting the largest moves in premarket trading.
Goldman names its favorite retail stock and others it likes in 2024
Goldman expects retailers such as Target to offset pricing pressure with market share gains and more sales.
European Central Bank to focus on shrinking balance sheet as markets bet on rate cuts
Money markets are currently pricing in almost 150 basis points of rate cuts next year.
Bank of England set to hold interest rates as economists debate 2024 cuts
The market is pricing an almost 100% chance of a hold on Thursday, but when the first rate cut will come remains a hot topic.