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US Fed pencils in one interest rate cut this year
BBC via AOL· 40 minutes agoThat compares with 3.4% in the 12 months to April. However, between April and May inflation was unchanged and it remains above the Fed's 2% target....
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 21 hours ago“In recent months, there has been modest further progress toward the (Fed’s) 2 percent inflation...
U.S. Treasury yields rise as Fed holds rates steady, signals only one cut this year
CNBC· 46 minutes agoU.S. Treasury yields rose on Thursday after the Federal Reserve kept interest rates unchanged and...
European Stocks Retreat on Hawkish Fed’s Rate Path: Markets Wrap
Bloomberg via Yahoo Finance· 29 minutes agoMost Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.Apple to ‘Pay’...
Fed Slow-Walks Rate Cuts As Powell Reveals This Worry, But CPI Saves S&P 500
Investor's Business Daily· 13 hours agoBut the S&P 500 and Nasdaq, which rallied to fresh record highs on the tame CPI data, still managed...
Dollar Could Fall if Weak U.S. Inflation Data Means Fed Rate-Cut Forecasts Are ‘Stale’
The Wall Street Journal· 2 hours agoThe Federal Reserve reduced its forecasts to just one rate cut in 2024 but the weak U.S. inflation...
Treasury yields mixed as investors absorb U.S. inflation data and Fed messaging
Market Watch· 44 minutes agoBond yields were little changed early Thursday as the ripples from the previous session’s U.S. inflation report and Federal Reserve comments continued to ...
Fed rate outlook, Tesla shareholder vote on Musk pay deal - what's moving markets By Investing.com
Investing.com· 2 hours agoU.S. stock futures point to a mixed open on Wall Street, after the Federal Reserve signaled it expects to roll out fewer interest rate reductions in 2024 than it had expected ...
Hong Kong keeps rate steady for seventh time as traders shift hope of cuts to later this year
South China Morning Post via Yahoo Finance· 4 minutes agoHong Kong's de facto central bank kept its base rate unchanged for the seventh time - with local...
EMEA Morning Briefing: More U.S. Data Eyed After Fed Strikes Cautious Tone
Morningstar· 5 hours agoEuropean stock futures were tracking lower as markets digested the softer U.S. CPI data and the Fed's projection for one rate cut this year. Stocks in Europe ...