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Powell Sees ‘Good, but Not Great’ Inflation Readings for Rest of 2024
Barrons.com· 19 hours agoThe Federal Open Market Committee’s upward revision to their 2024 inflation predictions, released...
Producer Prices Slip in May From Previous Month
The Wall Street Journal· 58 minutes agoEconomists surveyed by The Wall Street Journal had forecast that the producer-price index would edge up by 0.1%, having risen 0.5% in April. + From a...
June Economic Projections Included May Inflation Data
Barrons.com· 19 hours agoFed officials expect core PCE inflation—which excludes the more volatile food and energy costs and...
Fed Signals Just One Rate Cut In 2024 (Live Coverage)
Investor's Business Daily· 19 hours agoThe Federal Reserve surprised Wall Street on Wednesday, signaling that just one quarter-point rate...
US consumer prices unchanged in May; rate-cut expectations rise By Reuters
Investing.com· 1 day agoU.S. consumer prices were unexpectedly unchanged in May as cheaper gasoline and other goods offset...
Futures: Elon Musk Expects To Win Pay Vote; Broadcom Soars
Investor's Business Daily· 2 hours agoApple, Microsoft and Nvidia led the S&P 500 and Nasdaq to fresh highs.
Hawkish resistance from the Fed: Why only one interest rate cut in 2024? By Investing.com
Investing.com· 3 hours agoThe surprise from the United States Federal Reserve did not come from the decision to keep interest rates unchanged in the range of 5.25 to 5.50% in June, but from the update in economic expectations ...
Federal Reserve holds interest rates steady, lowers forecast to 1 rate cut in 2024
Yahoo Finance· 20 hours agoFed officials on Wednesday also raised their 2024 outlook for inflation, seeing prices end the year...
TLT ITB Surge As Inflation Flatlines
etf.com via Yahoo Finance· 18 hours agoCore prices excluding housing dropped 0.4% from April to May, while core services excluding housing fell by 0.6%. The next inflation data point that...
Here’s What We Learned From Fed’s Decision to Dial Back Interest-Rate Forecasts
Bloomberg via Yahoo Finance· 19 hours ago(Bloomberg) -- Here are key takeaways from the Federal Reserve’s interest-rate decision and economic...