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Daily Spotlight: Raising 2Q GDP Growth Forecast to 1.9%
Argus Research via Yahoo Finance· 2 hours agoAs we discussed in our April webinar, the all-important consumer economy is "mixed," but it is still driving the train. Consumer spending, designated as Personal Consumption Expenditures (< ...
Rocket Mortgage Impresses With $1.2 Billion Earned in Q1 2024
RISMedia Real Estate News· 19 hours agoAs the economy waivers recently—with mortgage rates back up above 7%, the most recent PCE report demonstrating a rise in inflation and no respite in the ...
Stocks fueled by rate cut optimism: Tech & SMIDs lead, Oil and Gold react to Mid-East tensions
The Forex Market· 1 hour agoStocks continue to advance on a new rate cut narrative. Oil and Gold react to the ongoing conflict...
S&P 500, Nasdaq 100 Snap 5-Month Winning Streak In April As Inflation Reality Check Hits Bullish...
Benzinga· 7 days agoUS stock market breaks 5-month winning streak due to inflation fears. Q1 earnings positive, but CPI...
Two Measures of Inflation: March 2024 | ETF Trends
ETF Trends· 7 days agoThe BEA’s core Personal Consumption Expenditures (PCE) Price Index for March shows that core inflation continues to be above the Federal Reserve’s 2%...
Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’...
Fortune via AOL· 6 days agoSo I don’t really understand where that’s coming from,” he told reporters, adding, “I don’t see the...
Gold's technical picture remains bullish amid mixed economic indicators
The Forex Market· 1 day agoThis scenario supports the possibility that the Federal Reserve might sustain its tight monetary...
Despite strong economy, investors should protect portfolios against inflation
The Tennessean via Yahoo Finance· 2 days agoThe subsequent reports show trends of inflation embedding itself again. Inflation is half of the...
Rate Cuts Could Be Coming Much Sooner Than You Expect
Investing.com· 1 day agoAfter April's decline, the Fed's dovish stance has markets betting on a rate cut in 2024. While a...
How does the labor market affect inflation?
Yahoo Personal Finance· 16 hours agoAs inflation cools off, many observers wonder when the Fed’s goal of full employment may come into greater focus. The latest jobs report from the U.S....