Futures steady in lead-up to crucial inflation reading [Yahoo! Finance]
GameStop Corporation (GME)
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Source: Yahoo! Finance
later in the day that could influence the Federal Reserve's policy decision this month. A November reading of the consumer price index (CPI), due at 8:30 a.m. ET, is among the final major datasets ahead of the Fed's Dec. 17-18 meeting. The report is expected to show that headline inflation rose 0.3% on a monthly basis and to 2.7% on an annual basis in the last month, still above the Fed's 2% target. The core figure, which excludes volatile components such as food and energy, is expected to remain unchanged at 3.3% year-on-year. The inflation rate has been rising again gradually since October and "an end to this short-term upward trend would be necessary to confirm the expectation of three interest rate cuts in the next six months," Jochen Stanzl, chief market analyst at CMC Markets, wrote in a morning note. "The Fed wants to see further progress and does not yet consider the fight against inflation to be over. As long as the labor market does not cool down faster, it has tim
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GME
Earnings
- 12/10/24 - In-Line
GME
Sec Filings
- 12/10/24 - Form 10-Q
- 12/10/24 - Form 8-K
- 12/5/24 - Form 3
- GME's page on the SEC website