Bonds fell and stocks wavered as a faster-than-expected rise in inflation fueled bets that the Federal Reserve will continue raising interest rates. [ 10:50 ET] Fed's Logan: More rapid rate hikes possibly needed this winter. it's clear that Fed needs at least two more quarter-percentage-point rate increases. [09:54 ET] Goldman Sachs expects Anthropic revenue to exceed $600 bln by 2030 - FT [US Stock Indexes Strengthened] [08:30 ET] US CPI higher than expected. [USD & Yields strengthened, Index f
Bonds fell and stocks wavered as a faster-than-expected rise in inflation fueled bets that the Federal Reserve will continue raising interest rates. [ 10:50 ET] Fed's Logan: More rapid rate hikes possibly needed this winter. it's clear that Fed needs at least two more quarter-percentage-point rate increases. [09:54 ET] Goldman Sachs expects Anthropic revenue to exceed $600 bln by 2030 - FT [US Stock Indexes Strengthened] [08:30 ET] US CPI higher than expected. [USD & Yields strengthened, Index futures weakened] [04:00 ET] Fed's Waller: Half-point Fed rate hike may be needed in december, if October core CPI inflation comes in around 0.3% or higher.
Story updates
Bonds fell and stocks wavered as a faster-than-expected rise in inflation fueled bets that the Federal Reserve will continue raising interest rates. [ 10:50 ET] Fed's Logan: More rapid rate hikes possibly needed this winter. it's clear that Fed needs at least two more quarter-percentage-point rate increases. [09:54 ET] Goldman Sachs expects Anthropic revenue to exceed $600 bln by 2030 - FT [US Stock Indexes Strengthened] [08:30 ET] US CPI higher than expected.
[USD & Yields strengthened, Index futures weakened] [04:00 ET] Fed's Waller: Half-point Fed rate hike may be needed in december, if October core CPI inflation comes in around 0.3% or higher.