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Despite Fed Hawkishness, Recent Inflation Data Give Markets Hope
Forbes· 4 days agoThe S&P 500 (+1.6%) and the Nasdaq (+3.0%) both closed higher. Year to date, both the S&P 500 (+13.9%) and the tech heavy Nasdaq (+17.8%) are up double digits while the industrial based Dow ...
Stock market today: Global markets jump with latest US data showing inflation appears to be easing
WHIO-TV 7 Dayton· 7 days agoStocks on Wall Street turned sharply higher early Wednesday after the government reported that ...
Stock market today: Nvidia climbs to Wall Street's mountaintop as indexes edge up to more records
San Francisco Chronicle· 7 hours agoStock indexes, meanwhile, ticked to more records following the latest signal that the U.S. economy’s...
Swedish May inflation above forecast but more rate cuts expected
Reuters· 5 days agoThe pace of Swedish inflation was higher than expected in May, data showed on Friday, but analysts...
Inflation rises 3.3% in May, less than expected
FOX Business· 7 days agoInflation slowed more than expected in May, a welcome sign for the Federal Reserve even as prices remained uncomfortably high for millions of Americans....
Wholesale inflation cools more than expected in May
FOX Business· 6 days agoInflation at the wholesale level moderated more than expected in May, the latest sign that price pressures within the U.S. economy are loosening their...
Stock market today: Wall Street rallies with bitcoin, gold and almost everything as inflation slows
Midland Reporter-Telegram· 7 days agoU.S. stocks are jumping amid a worldwide rally Wednesday following a surprisingly encouraging update...
Interest rates may need to go higher if the Fed wants inflation at 2%
Morningstar· 4 days agoThe Fed should not lower interest rates until inflation hits the 2% target for several months. Investors got their wish that the May consumer-price index report and the Federal ...
Gateway - Quartz
Quartz· 40 minutes 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 ...
ECB’s Lane confident of hitting inflation goal despite noisy data
WHTC 1450 Holland· 2 days agoLONDON (Reuters) - The European Central Bank is confident that inflation will fall back to its 2%...