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RPT-GLOBAL MARKETS-Global stocks gain on Big Tech lift; yen slides to 34-year low
Reuters via Yahoo Finance· 46 minutes agoTraders now expect the Fed to lower its main funds rate, currently at a 23-year high of 5.25% to 5.5%, by just 36 basis points this year, with some fearing a further
GLOBAL MARKETS-Global stocks gain on Big Tech lift; yen slides to 34-year low
Reuters via Yahoo Finance· 1 hour agoTraders now expect the Fed to lower its main funds rate, currently at a 23-year high of 5.25% to 5.5%, by just 36 basis points this year, with some fearing a further
“Good Cause Eviction” Could Kill Value-Add Projects in NY
The Real Deal· 19 minutes agoThe new good cause eviction law is causing some real estate investors to rethink their commitment to New York City. The new law limits evictions, requires lease renewals for tenants up-to-date ...
New inflation reading reinforces Fed's higher-for-longer stance
AOL· 11 hours agoAnother hot inflation reading reinforces that any near-term interest rate cuts are less likely as the Federal Reserve shifts to a higher-for-longer stance. The Fed's preferred ...
BoJ expected to stand pat after historic interest-rate hike
The Forex Market· 23 hours agoThe Bank of Japan is set to hold interest rates after its first hike since 2007 in March. The focus will be on BoJ’s updated forecasts and Governor Kazuo Ueda’s...Yen could ...
Fed's preferred inflation gauge shows price pressures stayed elevated last month
KSL Salt Lake City· 17 hours agoA measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March,...
Fed’s preferred inflation gauge shows price pressures stayed elevated last month - The Boston Globe
The Boston Globe· 10 hours agoAfter peaking at 7.1% in 2022, the Fed’s favored inflation index steadily cooled for most of 2023....
Central Banks Will Probably Cut Only Half as Much as They Hiked
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- Major advanced economy central banks are likely to take back less than half of the...
Inflation Heads in Wrong Direction for Fed
The Conference Board· 17 hours agoThursday’s Q1 GDP report revealed that the US economy is slowing on the back of Fed interest rate hikes, subdued foreign demand, inventory mismatches, and less government ...
New inflation reading reinforces Fed's higher-for-longer stance
Yahoo Finance via AOL· 8 hours agoAnother hot inflation reading released Friday reinforces that any near-term interest rate cuts are...
