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US inflation up moderately in April, consumer spending weakens
Reuters· 7 days agoU.S. inflation tracked sideways in April and consumer spending weakened, mixed signals for the...
Fed Seen More Likely to Cut Rates in Sept After PCE Data
US News & World Report· 7 days agoAfter the data, traders priced in about a 53% chance of a rate cut in September, versus about 49% before the report. The report showed the core personal consumption expenditures ...
Price cuts, weaker spending could bolster Fed's faith in inflation outlook
StreetInsider· 7 days agoWASHINGTON (Reuters) -Price cuts by major U.S. retailers and new data showing a slowdown in consumer spending may ...
US factory activity, construction spending both fall
Reuters via Yahoo Finance· 4 days ago(Reuters) -U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in nearly two years, and
US ISM Services Index Rebounds: What Economists Said
RTT News· 2 days agoU.S. service sector activity grew in May after shrinking in April for the first time since December 2022, survey data from the Institute for Supply Management ...
Asia shares set for weekly gain, China drags
Reuters via Yahoo Finance· 4 hours agoSINGAPORE (Reuters) -Asian stocks are set to snap a two-week losing streak on Friday after major central banks kick-started their rate easing cycles this...
US Consumer Confidence improved, Australia’s inflation picked up
The Forex Market· 4 days agoThe Conference Board said that its consumer confidence index increased to 102.0 this month from an...
When will mortgage rates go down? A look at 2024 and 2025.
Yahoo Personal Finance· 14 hours agoMortgage rates are not going down right now, but expert rate predictions say they will end 2024...
The Fed doesn't want to talk about stagflation. It might not have a choice.
TheStreet via Yahoo Finance· 6 days ago"I don’t see the stag or the ’flation,” he added. Fed Chairman Jerome Powell has dismissed the idea...
EMEA Morning Briefing: Markets in Wait-and-See Mode Ahead of U.S. Jobs Data
Morningstar· 2 hours agoMARKET WRAPS Watch For: EU GDP; Germany industrial production index, foreign trade; no major corporate events expected Opening Call: Shares may be little changed in Europe on Friday. In Asia, stock benchmarks were mostly lower; Treasury