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Forex Today: Market attention shifts to mid-tier US data, Canada inflation figures
The Forex Market· 6 hours agoHere is what you need to know on Tuesday, June 25: Following a bearish start to the week, the US...
Bullard Says Latest US CPI Sparks Hope of September Rate Cut
Bloomberg Law· 5 days agoFormer Federal Reserve Bank of St. Louis President James Bullard said he expects the pace of US monetary policy easing to be slow, although the latest inflation print sparks hope for a September interest-rate cut.
Inflation Could Wreck Social Security’s 2025 COLA
247wallst.com· 3 hours agoThe 2025 Social Security Cost of Living Adjustment (COLA) is projected to range between 2.5% and 3%, based on new inflation data. The final COLA for 2025...
Australian dollar edges lower, CPI next
MarketPulse· 48 minutes agoThe Australian dollar is slightly lower on Tuesday. AUD/USD is trading at 0.6638 in the North American session, down 0.27% on the day. Australia’s Westpac Consumer Sentiment index flexed some ...
Up to two years for US CPI to return to target - Kashkari By Investing.com
Investing.com· 5 days agoKashkari said on Sunday, in an interview with CBS' "Face the Nation" program, that the U.S. central bank will cut interest rates once this year, waiting until December to do it. "It's really ...
‘Magnificent Seven’ Drive Gains With Nvidia Up 5%: Markets Wrap
Bloomberg via Yahoo Finance· 24 minutes ago(Bloomberg) -- A rally in the world’s largest technology companies lifted stocks, with traders...
What next for the Yen?
The Forex Market· 3 hours agoHere we go again, the market is on tenterhooks waiting to see if the Bank of Japan will intervene to stem weakness in their currency, after the yen has...
This week’s data highlight is the US core PCE deflator – Societe Generale
The Forex Market· 1 day agoThe fact that the Federal Reserve (Fed) targets the US core PCE deflator makes it more important...
3 Utility Funds to Buy as Fed Signals Single Rate Cut in 2024
Zacks via Yahoo Finance· 3 hours agoIn such a situation, investing in utility mutual funds appears to be a wise choice. These funds...
An $18 Big Mac meal sparked a revolt against high prices. Companies are finally listening
CNN Business via AOL· 45 minutes agoThey’re retroactively defending prior increases, telling customers: I understand your frustration –...