(Bloomberg) — Underlying US price pressures probably continued to recede as 2023 drew to a close, backing up optimism at the Federal Reserve about the path for inflation. Most Read from Bloomberg The consumer price index excluding food and fuel, a measure favored by economists as a better indicator of underlying inflation, is seen increasing […]
Tag: optimism
US stocks slip from record heights as recession fears offset rate-cut optimism
Getty Images / Spencer Platt US stocks slipped on Wednesday as traders mulled the risk of recession in 2024. Those fears have cooled extreme bullishness among investors. The Dow retreated from record highs after nine straight gains. US stocks slipped Wednesday as traders mulled Fed rate cut risks into next year and the outlook for […]