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Inflation, Fed Meeting to Give Clues for US Market Direction
US News & World Report· 1 hour agoInvestors will closely watch next week’s inflation numbers and Federal Reserve meeting for clues on whether the soft landing hopes that drove stocks to record highs are still justified. This ...
Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll
Reuters via Yahoo Finance· 2 days agoThe U.S. Federal Reserve will cut its key interest rate in September and once more this year,...
Here’s where the jobs are for May 2024 — in one chart
CNBC· 5 hours agoJob growth in May was surprisingly strong, pushing back on lingering fears of a broader economic...
JPMorgan’s Jamie Dimon is bracing for stagflation, but the economy could be headed for a 1950s-style...
Fortune via Yahoo Finance· 3 days agoWith persistent inflation, war-induced energy price shocks, and rising geopolitical tensions...
"Eye-popping" May US payrolls jump may set back Fed ease
Reuters via Yahoo Finance· 6 hours agoThe Labor Department said on Friday that the unemployment rate ticked up to 4.0% for the first time...
JPMorgan, Citi Cling to July Fed Rate-Cut Bets Ahead of Jobs Data
Bloomberg via Yahoo Finance· 9 hours ago(Bloomberg) -- Wall Street’s last holdouts for a US interest-rate cut in July are preparing for...
Analysis-After trial, investors weigh Trump 2.0 factor as election looms
Reuters via Yahoo Finance· 5 days agoDonald Trump last week became the first former president convicted of a felony, but Wall Street...
Posthaste: Most Canadians are missing out on ways to save money on their insurance bills
Financial Post via Yahoo Finance· 7 hours agoIf you have a simpler question, the crack team at FP Answers, led by Julie Cazzin, can give it a...
What Economists Said About the Blowout Jobs Report
Barrons.com· 4 hours agoGoing into Friday morning’s report, a streak of weaker-than-expected economic indicators over the past two weeks had prompted some hand-wringing about a...
Weaker loonie may not deter Bank of Canada diverging from the Fed
StreetInsider· 59 minutes agoThe Bank of Canada would be willing to cut interest rates three times ahead of the Federal Reserve's first move before a declining currency threatens to endanger the inflation outlook, the median ...