Search results
Gateway - Quartz
Quartz· 6 hours agoMarket sentiment was mixed on the first day of the second quarter. Investors were encouraged to hear that the Personal Consumption Expenditures ...
Latest inflation data provides potential for 'even greater upside' in the stock market rally
Yahoo Finance· 2 days agoCombining the various metrics, economists believe this points to a positive reading of the Fed's...
Housing inflation will need to come down before the Fed can think about cutting rates, BofA says
CNBC· 19 hours agoWith multiple signposts showing that inflation is receding, Federal Reserve officials will spend at...
Stocks boosted by Nvidia rally; dollar steady
Reuters via Yahoo Finance· 8 hours agoLONDON (Reuters) -Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker Nvidia the world's most...
Richmond Fed’s Barkin Is Looking for 'Sustainment and Broadening' on Slowing Inflation
Barron s Online· 20 hours agoFederal Reserve Bank of Richmond President Thomas Barkin said on Tuesday that he needs to see more progress in getting inflation sustainably down to the central bank’s 2% annual target before ...
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 7 days agoWhat is inflation expected to be in 2024? Fed officials estimate their preferred measure of annual...
The Zacks Analyst Blog Highlights The Gap, Abercrombie & Fitch, J.Jill, Canada Goose and Stitch Fix
Zacks via Yahoo Finance· 20 hours agoDespite a tough scenario, the labor market remains resilient, the services PMI (Purchasing Managers'...
Inflation Forecasters Expect Mild Reading for Fed's Preferred Gauge
The Wall Street Journal· 7 days agoThe Commerce Department is set to report the personal-consumption-expenditures price index later...
Fed, Powell Lay Out Inflation Expectations
Zacks via Yahoo Finance· 2 days agoThe Fed’s favored inflation metric is the PCE report, which comes out at the end of this month. PCE stands for Personal Consumption Expenditures ...
Cooler-Than-Expected Producer Prices Could Hold Down Closely Watched Inflation Measure
The Wall Street Journal· 6 days agoThursday’s lower-than-expected reading on producer prices means that the Federal Reserve’s preferred...