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GLOBAL MARKETS-Stocks rise, dollar eases ahead of US inflation report
Reuters via Yahoo Finance· 1 day agoAsian stocks rose on Wednesday while the dollar drifted lower as traders weighed mixed U.S. producer price data and braced for the crucial consumer price report later in the day that is likely ...
Fed's Powell downplays potential for a rate hike despite higher price pressures
Fort Wayne Journal Gazette· 1 day agoFederal Reserve Chair Jerome Powell said Tuesday the central bank is unlikely to raise its key interest rate in response to signs of inflation and underscored ...
Powell speech: Producer Price Index reading was quite mixed
The Forex Market· 2 days agoFederal Reserve Chairman Jerome Powell speaks at a moderated discussion with De Nederlandsche Bank...
Asian markets mixed as focus turns to US inflation report
Digital Journal· 16 hours agoAsian markets wobbled Wednesday ahead of key US inflation data later in the day, with traders...
The Fed is struggling to break the back of inflation. Here's why.
CBS News via Yahoo Finance· 1 day agoStill, 3.4% remains far higher than the Fed's target of 2% inflation. Fed Chair Jerome Powell on...
Asian Shares Mixed In Thin Holiday Trade
RTT News· 22 hours agoThe U.S. dollar and bond yields dipped, while gold edged up after Federal Reserve Chair Jerome Powell said on Tuesday that the central bank is unlikely ...
Gold price soars to three-week high amid easing inflation, rate cut hopes
The Forex Market· 10 hours agoGold price hits $2,390, its highest level in three weeks, gaining over 1%. April Retail Sales...
PPI data didn’t feel ‘right’
The Forex Market· 1 day agoSemiconductor tariffs for example will double from 25% to 50% and tariffs on Chinese EVs will almost quadruple to above 100%! Federal Reserve (Fed)...
Best CD rates today: APYs remain high across terms of up to 12 months — May 9, 2024
AOL· 7 days agoResponding to continued inflation concerns, Federal Reserve Chair Jerome Powell warned on April 16,...
Embracing Market Dynamics as Inflation Data Looms
Zacks via Yahoo Finance· 2 days agoAs investors wait for key economic events, they are bracing for short-term volatility. While the data points to volatility in the short-term, the...
