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April PCE Index Forecasts Show Inflation Remaining Sticky
Morningstar· 7 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 ...
Stock Market Today: Stocks slide on inflation concerns; GDP slows, Salesforce plunges
TheStreet via Yahoo Finance· 6 days ago"With the economy coming into better balance over time and the disinflation taking place in other...
Q1 GDP Cools on 1st Revision; KSS, BURL, FL Report Q1
Zacks via Yahoo Finance· 6 days agoThe slo-mo selloff from all-time closing highs appears to be sticking around. After the initial...
Gold, Euro Cautious Ahead of Key Economic Reports; Bitcoin Rises on Weak US Dollar | Investing.com
Investing.com· 5 days agoGold (XAU) has been moving sideways within 2,325–2,363 throughout the week, awaiting today's US...
Latest Rise in U.S. Treasury Yields Doesn't Signal New Selloff
Barrons.com· 6 days agoWednesday's rise in U.S. Treasury yields shouldn't mark the start of a new selloff, even as this...
Don't fear the PCE. The recent market dip leaves stocks more likely to rally in coming days
Morningstar· 5 days agoBy Jamie Chisholm Critical information for the U.S. trading day Stock index futures early Friday show the S&P 500 SPX may be in line for another decline. In the last two days the Wall Street barometer lost 1.33% amid a batch of poorly
Q1 2024 GDP Growth Rate Reduces Further
Zacks via Yahoo Finance· 6 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...
Gold posts fourth monthly rise on Fed rate cut hopes
CNBC· 5 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...
Fed’s Preferred Inflation Gauge Holds Steady in April
The Wall Street Journal· 5 days agoThe Federal Reserve’s preferred inflation gauge rose 2.7% in April from a year ago, holding the line...
New jobs report report kicks off new month of trading: What to know this week
Yahoo Finance· 2 days agoThe May jobs report is set for release on Friday morning while updates on job openings and private...