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CNBC Squawk Alley July 14, 2024

Growth as solid and said that the labor market continues to strengthen but the fed pointed out that wage growth has remained moderate and that inflation has been below the feds 2 goal this year. In the report, the fed said that it remains firmly committed to its inflation objective. Here at home, the fed is still forecasting more moderate growth during the Second Quarter and that the slowdown in business fixed indepth could be persistent internationally, the fed said that growth has stabilized d...
New York United States Bruxelles Capitale Seema Mody Mario Draghi Judy Shelton

CNBC Closing Bell July 14, 2024

Welcome to post9. What do you think . We were down as much as 200 points on the dow earlier today. Now were down just 16 points. I think it really what were getting a feel for here whether you thought there was a 50 basis point coming or 50 base point rate cut coming, i think it goes off the table. It hit bull the hardest which is that inflationary hedge. It pushed gold lower equities have recovered but the moves we saw in bonds and dollar havent retraced steps. Shows the resilience and risk on ...
New York United States New South Wales France General Chris Johnson Judy Shelton

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