Dow, S&P 500, Nasdaq rise as inflation pressures keep Fed rate cut on track
New inflation data released on Wednesday showed consumer prices rose as predicted in Octoberwhich keeps the Federal Reserve on track to cut interest rates again in December. “There is progress on inflation,” Claudia Sahm, chief economist at New Century Advisors, told Yahoo Finance after the release of the data. “We’re being pointed in the right … Read more