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EMERGING MARKETS-EM stocks scale over two-year peak, FX subdued ahead of US data
Reuters via Yahoo Finance· 36 minutes agoFocus would remain on U.S. consumer and producers prices data for the month of April due this week, which could offer clues into when the Fed could commence its policy easing ...
High Interest Rates Are Hitting Poorer Americans the Hardest
New York Times· 2 hours agoThe economy as a whole has proved resilient amid the highest rates in decades. High interest rates...
Goldman Sachs unveils startling S&P 500 prediction
TheStreet via Yahoo Finance· 9 hours agoIn 2024 to date the S&P 500 has climbed 9%. At the beginning of the year, stocks benefited from expectations that the Federal Reserve would make major...
Futures muted, GameStop surges, OpenAI announcement - what's moving markets By Investing.com
Investing.com· 1 hour agoElsewhere, OpenAI unveils advances to its artificial intelligence model, while Google (NASDAQ:GOOGL) is expected to announce developments in its own AI offerings at a closely-watched ...
Mortgages Cool Off for Homeseekers: Mortgage Rates for May 13, 2024
CNET· 21 hours agoThe average interest rate for a standard 30-year fixed mortgage is 7.18% today, down -0.16% since...
Fed Says Consumers See Higher-for-Longer Inflation
PYMNTS.com· 10 hours agoAs reported on Monday (May 13), the Federal Reserve Bank of New York’s Center for Microeconomic Data detailed that, per the April Survey of Consumer...
Jim Grant: The Federal Reserve Is Broke!
GoldSeek.com· 4 days agoThe Federal Reserve is losing billions of dollars. As financial journalist and market analyst Jim Grant put it during a recent interview on Fox Business, the Fed& ...
Viktor Shvets on How the Fed Has Become a Prisoner of Its Own Making
Bloomberg· 1 day agoHave a confidential tip for our reporters? This week, we'll get fresh inflation data in the US,...
Investors Crowd Into Soft-Landing Trade Ahead of Crucial Inflation Data
The Wall Street Journal· 13 hours agoThree straight months of hot inflation data dented Wall Street’s confidence that a series of...
Don't ignore the threat to the loonie that's lurking across the pond, economist warns
Financial Post via Yahoo Finance· 22 hours agoIf, as a result of belt tightening, the European Central Bank is forced to ease more than expected...