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PM says ‘we’ve got there’ as inflation hits target, but summer rate cut in doubt
PA Media: Money via Yahoo Finance· 2 days agoRishi Sunak has declared “we’ve got there” after inflation returned to the 2% target for the first...
Better Inflation News Supports Stocks...But Watch Out for THIS
MoneyShow via Yahoo Finance· 5 days agoGoing into last week, what mattered most for markets, at least in the near term, was whether the Consumer Price Index (CPI) data and the Federal Reserve decision and outlook ...
'We got there,' says Rishi Sunak as inflation hits 2% after 11% peak as cost-of-living crisis grew
Evening Standard via Yahoo News· 3 days ago“It’s because of that economic stability that we’ve restored, which was my priority when I got this...
Not so cheery
The Forex Market· 5 days agoThe S&P500 was slightly down on Friday, but the index posted its best weekly advance in a month on the back of a surprise easing in CPI figures and a not-too-hawkish Federal ...
Watch These 5 Stocks That Recently Announced Dividend Hikes
Zacks via Yahoo Finance· 1 day agoAccording to the Consumer Price Index (CPI) data published by the Bureau of Labor Statistics,...
Flash June PMI is Encouraging on Several Fronts
TheStreet.com· 1 day agoS&P has published its Flash June PMI report and in our view it’s rather positive for not only the speed of the economy, but also for inflation. The...
UK May CPI data were close to expectations – US markets are closed today
The Forex Market· 3 days agoAfter last week’s softer than expected price data, US retail sales for the second consecutive month...
PPI Wholesale Shrinks, Jobless Claims Jump
Zacks via Yahoo Finance· 5 days agoThis is also down 10 bps from the slight upwardly adjusted +2.3% reported in April. It does represent the second “2-handle” on year over year PPI in a...
The Fed is already too late to cut interest rates and now a crisis is brewing, strategist says
Quartz· 1 day agoJim Thorne, Chief Market Strategist at Wellington-Altus, spoke with Quartz for the latest...
Pound Sterling ticks down as BoE decision looms
The Forex Market· 2 days agoThe Pound Sterling (GBP) trades marginally lower on Thursday just above the 1.2700 mark against the US Dollar (USD), ahead of the Bank of England (BoE)...
