Stock market today: Dow leads stocks lower as hot inflation data pushes back rate cut hopes
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...
Stock market today: Dow leads stocks lower hot inflation data pushes back rate cut hopes
"Hikes remain unlikely, but they seem less inconceivable now," Bank of America US economist Aditya Bhave wrote in a note to clients on Wednesday. "We still think the threshold for hikes is 3% core PCE ...