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Stocks enter shortened trading week near record highs: What to know this week
AOL· 2 days agoStocks concluded last week on a hot streak as softer-than-expected inflation data fueled investor optimism around interest rate cuts. The Nasdaq Composite (^IXIC) rose more than 3% while the ...
Opinion | Larry Summers Isn’t Second-Guessing the Government on Inflation
New York Times· 4 days agoThe C.P.I. has been criticized for excluding interest payments, but there’s a solid reason for that.
EMEA Morning Briefing: Shares Set to Rise as Fed Path Remains in Focus
Morningstar· 4 days agoStock futures advanced early Friday after major European indexes extended a string of declines Thursday following last week's European Parliament elections and amid worries over mounting deficits ...
US consumer prices unchanged in May; bolster rate cut expectations
Reuters via Yahoo Finance· 6 days agoU.S. consumer prices were unexpectedly unchanged in May as cheaper gasoline and other goods offset...
Fed Decision: Analysts now expect 2 rate cuts in 2024, but watch out for inflation By Investing.com
Investing.com· 6 days agoWhile June was the month of the first interest rate cut in the Eurozone, things are different in the...
The good economic news this week was just that … good news | CNN Business
CNN.com· 3 days ago“Good news is bad news” has been a common refrain for a while now. When economic reports are...
Money Managers Optimistic About U.S. Economy, Inflation, Interest Rates and More
Morningstar· 6 days agoProfessional investors are more optimistic about the U.S. economy than they were at the beginning of the year due to the strong stock market, declining inflation, steady unemployment figures ...
How May's Inflation Slowdown Could Influence Fed's Next Move: Insights From 6 Economists - SPDR S&P...
Benzinga· 6 days agoMay’s inflation report was cooler than economists had predicted, boosting confidence in the Federal...
Where’s inflation really heading? Traders and economists are using this real-time inflation gauge to...
KEYT 3 Santa Barbara· 5 days agoBoth come with a lag, can be revised several months later and can even be indefinitely delayed in the event of a government shutdown, as was almost the case with September’s inflation data.
Inflation should have been higher under Trump than Biden. Why wasn’t it?
Tampa Bay Times· 5 days agoLate economist and Nobel laureate Milton Friedman stated that the root cause of inflation is too much money chasing too few goods. The word “chasing” is important in that it indicates the rate ...