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Federated Hermes exec projects no rate cuts before election, Fed pushes back on 2% inflation goal -...
The Business Journals· 3 hours agoAs the lineup of economic data released ahead of the Federal Open Market Committee's next meeting on...
US inflation up moderately in April, consumer spending weakens
Reuters via Yahoo Finance· 4 days agoThe data suggested the elevated pace of price increases could last longer than expected but also the...
USD/ZAR forecast after the South Africa election shocker | Invezz
Invezz· 5 days agoThe USD/ZAR exchange rate has been in the spotlight this week as market participants watched the...
Volatility strikes markets as stocks rebound despite economic concerns and rate cut speculation
The Forex Market· 1 day agoStocks rallied, PCE and other data points suggest slowing. Jensen Huang (NVDA) says – ‘Say Hello to...
Stock Market Today: Stocks slide on inflation concerns; GDP slows, Salesforce plunges
TheStreet via Yahoo Finance· 5 days ago"With the economy coming into better balance over time and the disinflation taking place in other...
April PCE Index Forecasts Show Inflation Remaining Sticky
Morningstar· 6 days agoEconomists expect the overall PCE Price Index to rise 2.7% on an annual basis in April, the same rate of inflation as seen in March, according to FactSet’s consensus estimates ...
Hopes of Rate Cuts Soar on Cooling Inflation: 5 Top Gainers
Zacks via Yahoo Finance· 7 hours agoStocks like Crocs, Inc. (CROX), Royal Caribbean Cruises Ltd. (RCL), Wolverine World Wide, Inc....
Fed’s Preferred Inflation Gauge Holds Steady in April
The Wall Street Journal· 4 days agoThe Federal Reserve’s preferred inflation gauge rose 2.7% in April from a year ago, holding the line...
GameStop stock soars as Keith Gill discloses 120K call options on GME
The Forex Market· 1 day agoGME stock closed on Friday at $23.14 but is trading north of $40 at the time of writing. Both the...
Gold slips as dollar strengthens, Treasury yields rise ahead of Friday's U.S. PCE report
CNBC· 7 days agoGold prices fell on Wednesday as a stronger dollar, higher bond yields and hawkish comments from a...