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Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll
Reuters via Yahoo Finance· 15 hours agoThe U.S. Federal Reserve will cut its key interest rate in September and once more this year,...
US inflation up moderately in April, consumer spending weakens
Reuters· 5 days agoU.S. inflation tracked sideways in April and consumer spending weakened, mixed signals for the...
Oil prices rise as rate cut optimism offsets inventory build, demand fears By Investing.com
Investing.com· 2 hours agoOil prices rise as rate cut optimism offsets inventory build, demand fears
ECB to begin cutting rates even as inflation fight continues - BusinessWorld Online
BusinessWorld· 23 minutes agoThe broad-based decline was seen as more than enough for the ECB to begin undoing the steepest streak of interest rate hikes in its history, which were a response to spiraling prices in the ...
US summer home power bills to jump by nearly 8%, energy policy organizations say
Arizona Daily Sun· 2 days agoU.S. home energy bills are expected to rise by 7.9% this summer as extreme heat increases cooling...
The diamond industry is ‘in trouble’ after prices sunk 6% this year. A jewelry CEO blames the rapid...
Fortune via AOL· 8 hours agoDesire for the product has quickly taken market share from mined diamonds, with 13.5% of diamond...
Stock Market News for June 5, 2024
Zacks via Yahoo Finance· 15 hours agoMarket News U.S. stocks ended higher on Tuesday buoyed by softer-than-expected jobs data, which fueled hopes of rate cuts by the Federal Reserve later...
Canada's stock market hails BoC rate cut, loonie dips
Reuters via Yahoo News· 10 hours agoTORONTO (Reuters) -Canadian stocks and bonds rallied on Wednesday, while the loonie touched a near...
Bank of Canada's Tiff Macklem signals more rate cuts possible after historic shift
Financial Post via Yahoo Finance· 14 hours agoThe Bank of Canada’s interest rate cut Wednesday put the central bank on a different trajectory than...
Interest rate cut bets shift after surprising ADP jobs data
TheStreet via Yahoo Finance· 15 hours agoThe U.S. economy saw softening private sector job creation last month, ADP reported Wednesday,...