Dow Jones Top Markets Headlines at 5 PM ET: Fed's Bostic expects no rate cuts in 2026 due to worries GOP tax bill might fuel inflation | U.S. ...

MorningStar
2025.12.16 22:25
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Fed's Bostic expects no rate cuts in 2026 due to worries GOP tax bill might fuel inflation. U.S. unemployment rose in November to 4.6%, the highest in over four years. Trump to interview Fed's Christopher Waller for Chair. Dow falls 300 points after jobs data shows rising unemployment. Retail sales stalled in October. Global business activity growth slows as tariffs bite. U.K. unemployment rises to pandemic-era highs. Oil holds near lowest level since 2021 on Ukraine peace hopes. Fund managers hold record low in cash as sentiment hits four-year high. CEOs adapt to Trump's state capitalism. Two Fed officials say inflation won't be a problem. High-speed traders feud over milliseconds. China's weak retail sales push for targeted stimulus.