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Dollar set for first monthly drop after US inflation readout
StreetInsider· 14 hours agoFederal Reserve will be able to cut interest rates. The personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department's Bureau of ...
Is Netflix, Inc. (NFLX) A Good Quality Stock to Buy Now?
Insider Monkey via Yahoo Finance· 1 day agoWe recently compiled the list of the 13 Best Quality Stocks To Buy according to the hedge funds...
Dollar stabilizes after sharp CPI-induced fall; euro hands back some gains
StreetInsider· 14 hours agoThe U.S. dollar steadied in European trade Thursday, after dropping to multi-week lows overnight in the wake of a milder U.S. inflation report, which brought Fed rate cuts back into focus. At ...
The S&P 500 can hit 6,500 next year if these two factors work together, says this economist
MarketWatch via Yahoo Finance· 5 days agoReilly, market economist at Capital Economics, says that U.S. stocks have been facing these...
Opinion | Note to Fed: It’s okay to cut interest rates now
Washington Post· 2 days agoJim Parrott is co-owner of Parrott Ryan Advisors and a nonresident fellow at the Urban Institute....
Futures point lower, PCE ahead, DJT shares slip - what's moving markets
StreetInsider· 6 days agoU.S. stock futures point slightly lower on Friday as investors gear up for the unveiling of the Federal Reserve's preferred inflation gauge. The reading could play into how Fed policymakers ...
5 ETFs to Buy for June
Zacks via Yahoo Finance· 3 days agoTool, up from 51.3% recorded on Jun 3, 2024. Inflation, which resumed its climb in the first quarter of 2024, is finally showing signs of cooling. The...
Top CDs Today, June 7, 2024 - Best 2-Year Rate Drops, but Shorter 6% Offer Remains
Investopedia· 10 hours agoTo combat decades-high inflation, the Federal Reserve aggressively hiked the federal funds rate between March 2022 and July 2023, raising the benchmark rate to its highest level in 22 years.
Is Microsoft Corporation A High Quality Stock to Buy Now?
Insider Monkey via Yahoo Finance· 1 day agoWe recently compiled the list of the 13 Best Quality Stocks To Buy according to the hedge funds...
May CPI preview: Incremental improvement
The Forex Market· 3 days agoAnother 0.3% monthly increase in core CPI would nudge the year-over-year rate down to a three-year low of 3.5% and point to core PCE inflation edging...