Fed's Mester says March is probably too early for rate cut

Cleveland Fed President Loretta Mester on Thursday threw cold water on market expectations of an interest rate cut as soon as March. 


 
Inflation Edged Up in December After Rapid Cooling Most of 2023

Inflation picked up to 3.4% in December, after a rapid cooling through most of last year. 


 
Middle East Braces for U.S. Strikes on Houthis

Yemeni rebel group defied ultimatum to halt attacks on ships in Red Sea. 


 
Video: Why Inflation Is Rising Again

Watch as WSJ's Dion Rabouin breaks down the December CPI report. 


 
Argentina's Inflation Surges After New President Cuts Subsidies

Javier Milei is attempting to fix the poor economy he inherited with pro-market shock therapy. 


 
Bank Earnings Season Is About to Start. Here's What to Expect.

JPMorgan, Wells Fargo and Bank of America are set to report their fourth-quarter results on Friday. 


 
S&P 500 Rises at Open After December Inflation Data

U.S. stocks were higher as investors took inflation data in stride. 


 
U.S. jobless claims drop to lowest level since October

First-time unemployment-benefits claims drop by 1,000 to 202,000. Economist forecast called for 210,000 new jobless claims. 


 
BlackRock's New Bitcoin ETF Off to a Monster Start

BlackRock's new bitcoin fund is on pace to be among the most actively traded exchange-traded funds ever on launch day. 


 
Bitcoin's $29 Billion Hotel California

Grayscale Bitcoin Trust could retain investor money despite its higher fee.


(END) Dow Jones Newswires

01-11-24 1515ET