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Asian markets rally on renewed US rate cut hopes
KTBS Shreveport· 5 days agoNews that the personal consumption expenditures (PCE) index slowed month-on-month to its lowest level since December provided a much-needed boost to...
Will the Fed follow EU’s interest rate cut?
Deseret News via Yahoo Finance· 1 day agoExpenditure report from the U.S. Department of Commerce, released May 31, found that while inflation still inched up from March to April, it was the...
Morning Bid: Wall St eyes election-strewn June, jobs week
MSN News· 5 days agoA look at the day ahead in U.S. and global markets from Mike Dolan June kicks off with a series of...
US Consumer Confidence improved, Australia’s inflation picked up
The Forex Market· 5 days agoThe Conference Board said that its consumer confidence index increased to 102.0 this month from an...
September Rate-cut bets on the rise, but Macquarie maintains outlook for no cuts By Investing.com
Investing.com· 4 days ago"We suspect rate cuts will only commence in 2025 when there is greater scope for YoY core PCE...
Dollar set for first monthly drop after US inflation readout
StreetInsider· 14 hours agoFederal Reserve will be able to cut interest rates. The personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department's ...
New jobs report report kicks off new month of trading: What to know this week
Yahoo Finance via AOL· 5 days agoA step in the right direction The month of May ended with a moderately promising update on the...
Joe Biden's labor market may be too hot to handle
Politico via Yahoo Finance· 19 hours agoThe job market's surprising resilience will bolster President Joe Biden’s economic messaging at a time when most voters hold a dim view of his policies.
Dollar stabilizes after sharp CPI-induced fall; euro hands back some gains
StreetInsider· 14 hours agoAt 04:25 ET (08:25 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 104.285, having fallen to a five-week ...
MGM Resorts and Bloomin' Brands have been highlighted as Zacks Bull and Bear of the Day
Zacks via Yahoo Finance· 3 days agoMeanwhile, as inflation remains elevated, consumer spending is unlikely to jack up for the rest of...