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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 ...
Q1 GDP Cools on 1st Revision; KSS, BURL, FL Report Q1
Zacks via Yahoo Finance· 5 days agoThe slo-mo selloff from all-time closing highs appears to be sticking around. After the initial...
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...
Gold posts fourth monthly rise on Fed rate cut hopes
CNBC· 4 days ago"Gold is down despite the friendly PCE report and softer consumer spending, which could suggest near-term exhaustion in what has been a remarkable rally...
Q1 2024 GDP Growth Rate Reduces Further
Zacks via Yahoo Finance· 5 days agoThe slo-mo selloff from all-time closing highs appears to be sticking around. After the initial print on Q1 GDP...read, with Consumption coming in at...
Latest Rise in U.S. Treasury Yields Doesn't Signal New Selloff
Barrons.com· 5 days agoWednesday's rise in U.S. Treasury yields shouldn't mark the start of a new selloff, even as this...
Inflation week: Eyes on Germany’s numbers, Eurozone and the US PCE
The Forex Market· 7 days agoThis is inflation week. Tomorrow we get Germany’s numbers and on Friday, both the eurozone and the...
Gold, Euro Cautious Ahead of Key Economic Reports; Bitcoin Rises on Weak US Dollar | Investing.com
Investing.com· 4 days agoGold (XAU) has been moving sideways within 2,325–2,363 throughout the week, awaiting today's US...
Gold is getting sold again
The Forex Market· 3 hours agoThe price of Oil has seen its level fall out of bed since Thursday last week, and closed yesterday with a $73 handle... First, it was reported that our...
Don't fear the PCE. The recent market dip leaves stocks more likely to rally in coming days
Morningstar· 4 days agoStock index futures show the S&P 500 SPX may be in line to break a short losing streak. In the last two days the Wall Street barometer lost 1.33% amid a batch of poorly-received technology sector ...