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Wall Street maintains upward momentum, despite Disney earnings drag
StreetInsider· 9 minutes agoWalt Disney fell 9.8%, on track for its biggest percentage fall since November 2022, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV ...
Stanley Druckenmiller: The Fed should get rid of forward guidance and just do their job
Seeking Alpha· 4 hours agoThe Federal Reserve has to get rid of its forward guidance because it traps policy in a changing economic environment, said Stanley Druckenmiller, Duquesne Family Office chairman and CEO. In ...
UPDATE 1-Fed may need to hold rates steady all year, Kashkari says
Reuters via Yahoo Finance· 2 hours agoStalled inflation buoyed in part by housing market strength means the Federal Reserve will need to hold borrowing costs steady for an "extended period," and possibly all year, Minneapolis Federal ...
US Dollar scores mild gains in quiet Tuesday
The Forex Market· 2 hours agoThe US Dollar Index (DXY) is trading at 105, registering mild gains. Market dynamics are currently influenced by Federal Reserve (Fed) Chair Jerome...
Federal Reserve says interest rates will stay at 2-decade high until inflation further cools
San Mateo Daily Journal· 6 days agoThe Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent...
S&P 500's Best 3-Day Run in 2024: ETF Areas That Won
Zacks via Yahoo Finance· 7 hours agoWall Street was in great shape on Monday, with the S&P 500 experiencing its largest three-day rally of the year, fueled by anticipations of Federal...
Inflation "settling" high could pose new risks for the Fed, economy
Reuters via Yahoo Finance· 3 hours agoWASHINGTON (Reuters) -Inflation lodged above the U.S. Federal Reserve's 2% target could leave...
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Day· 6 days agoFederal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in...
US Fed issues enforcement action with First Citizens Bank Of Butte -statement
Reuters via Yahoo Finance· 4 hours agoWASHINGTON, May 7 (Reuters) - The U.S. Federal Reserve Board has issued an enforcement action with First Citizens Bank of Butte in Montana, the board said in a statement on Tuesday. The enforcement ...
Fed May Need to Hold Rates Steady All Year, Kashkari Says
US News & World Report· 2 hours ago"I would need to see multiple positive inflation readings suggesting that the disinflation process is on track" to support a rate cut, Kashkari said at a Milken Institute conference. The bar ...
