A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve will raise interest rates again on Wednesday. But will it be another half-point hike or just a quarter-point hike? And the rest of the year? The … Read more
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — It may be a new year. But for investors, consumers and the Federal Reserve, inflation remains a top economic concern, just as it was in 2022. With that in … Read more
Minneapolis CNN Business — Americans and the Federal Reserve received good inflation news on Thursday. The consumer price index rose 7.7% for the year ending in October, a much slower pace of growth than economists of 8% had expected and the lowest annual inflation since January. The stock market soared on the news, with Dow … Read more