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US first quarter GDP slows more than expected, but inflation keeps rising
FOX Business· 4 hours agoU.S. gross domestic product (GDP) dropped faster than expected in the first quarter, but a key...
Citi exits AUD/USD position ahead of core PCE data release By Investing.com
Investing.com· 7 hours agoOn Thursday, Citi announced its decision to exit a long position in the AUD/USD currency pair,...
GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen
Morningstar· 3 hours agoThursday's U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world's largest economy could be shifting into ...
Why the Fed keeping rates higher for longer may not be such a bad thing
CNBC· 1 day agoUS Federal Reserve Board Chairman Jerome Powell arrives to testify at a House Financial Services...
The Fed May Keep Rates Higher for Longer – Here's What It Could Mean for Your Stocks
Motley Fool via Yahoo Finance· 12 hours agoRecent data has shown that inflation is still far from the Federal Reserve's 2% target, meaning...
The 4 best places to put your savings right now
CBS News· 10 hours agoThe Federal Reserve aggressively raised interest rates 11 times in 2022 and 2023 in an effort to curb inflation. More recently, the Fed has paused...
Forget Interest Rate Cuts. One Economist Says Rate Hikes Are More Likely This Year
CNET· 2 hours agoExperts expect the Federal Reserve will hold rates steady at its meeting next week, and one...
Stock market today: US indexes drop as 1st-quarter GDP growth comes in weaker than expected
Business Insider via Yahoo Finance· 33 minutes agoThe US economy grew at an annualized rate of 1.6% in the first quarter of 2024.Photo by Michael...
Citi projects softer inflation, expects Core PCE at 2.7% By Investing.com
Investing.com· 8 hours agoOn Thursday, Citi revealed its prediction that the core Personal Consumption Expenditures (PCE)...
Rate Cut Odds Pushed Back to September
Barrons.com· 9 hours agoThe odds that the Federal Reserve cuts interest rates shifted around on Thursday after the latest GDP reading. About 44.5% of traders expect a 25-basis...