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Stock market today: US indexes edge higher as cooling inflation data props up Fed rate-cut bets
Business Insider via Yahoo Finance· 20 minutes agoThat leaves room for the Federal Reserve to cut this year. Interest rate cuts are also more likely,...
Core PCE Inflation In Line With Expectations
Zacks via Yahoo Finance· 8 hours agoAhead of this PCE print, we were +35 points on the Dow, +2 on the S&P 500 and +18 points on the Nasdaq. This follows a couple tough trading sessions that...
Week Ahead – ECB rate cut might get eclipsed by BoC surprise and NFP report | Investing.com
Investing.com· 9 hours agoThe path by central banks to lower borrowing costs has been far from smooth, but it seems that the...
Bank of Canada looks set to cut rates next week on signs inflation tide turning
Investing.com· 17 hours agoMoney markets are now pricing in an 80% chance the BoC will movecut rates on Jun. 5, according to...
GDP has economists divided on when Bank of Canada rate cut will come
Financial Post via Yahoo Finance· 7 hours ago“The Bank of Canada...previous data are accounted for, the level of GDP in the fourth quarter was a...
China posts a surprise factory slowdown as Beijing tries everything from cut-rate mortgages to...
Fortune via Yahoo Finance· 13 hours agoFactory activity shrank in China in May, according to data released by the National Bureau of...
Forecasting the Coming Week: ECB and US NFP steal the show
The Forex Market· 2 hours agoThe Greenback traded on the back foot this week, managing to reclaim the 105.00 barrier and above...
ECB has room to cut rates but should take its time, policymakers say By Reuters
Investing.com· 5 days agoThe ECB has all but promised a rate cut for June 6, so the debate has shifted to subsequent moves...
Fed official's blunt warning resets rate cut chances
TheStreet via Yahoo Finance· 2 days agoThe rate is now 5.25% to 5.5%. And his demand for sustained declines in inflation is shared by most Fed officials. But, to...in the government's efforts...
June Outlook: 3 Key Events to Eye as Investors Brace for No Rate Cuts in 2024
Investing.com· 7 hours agoJune Outlook: 3 Key Events to Eye as Investors Brace for No Rate Cuts in 2024