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The Fed must lower rates and upgrade flawed data to stay effective
The Hill· 1 day agoJerome Powell, chairman of the Federal Reserve Board, announced last week that the board has decided...
Gateway - Quartz
Quartz· 4 days agoThe Fed pays closer attention to personal consumption expenditure (PCE) index inflation, which says more about the ...
Housing inflation will need to come down before the Fed can think about cutting rates, BofA says
CNBC· 3 days agoWith multiple signposts showing that inflation is receding, Federal Reserve officials will spend at...
Gateway - Quartz
Quartz· 3 days agoThe Dow continued to decline on Thursday as a rough holiday-shortened trading week continued. The Commerce Department reported on Thursday that Gross Domestic Product grew at a 1.3% annualized ...
Rates to Stay Higher for Longer? ETF Strategies to Play
Zacks via Yahoo Finance· 4 days agoHe anticipates a gradual cooling of economic activity towards a more balanced state. Inflation, as...
Countdown to rate cuts has begun, for real this time
Arizona Daily Sun· 4 days agoAlthough wages are still rising rapidly, the latest inflation reports — Consumer Price Index and the Producer Price Index< ...
Peso may move sideways as market awaits economic data - BusinessWorld Online
BusinessWorld· 5 days agoTHE PESO could trade sideways against the dollar this week as the market awaits the release of local...
The good economic news this week was just that … good news - ABC17NEWS
ABC17 NEWS· 6 days agoWhen economic reports are released that are solid, they have all too often been clouded with concerns that good news for the economy actually means a longer wait before the Federal Reserve rolls ...
Fed's Kugler expects rate cuts later this year, relays ‘cautious optimism’
Pensions & Investments· 3 days agoAccording to data released May 31, the core personal consumption expenditures price index, the ...
How A Booming Stock Market Impacts The Job Market
Forbes· 3 days agoThe encouraging numbers caused a stock market rally following last week’s inflation report, as well as Wall Street professionals boosting their year-end...