Page 12 - Raphael Bostic News Today

Millions of Americans have taken to the skies, hit the road, fired up the barbecue grill and jumped into the pool this weekend to celebrate the start of summer 2024. Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities.

Stocks Drop Despite Nvidias Big Rally Dow falls 600 points in worst day since March 2023. Expect Higher-for-Longer Interest Rates, Feds Bostic Says Atlanta Federal Reserve President...

Inflation remains on path to 2% target, but at slow pace, Fed's Bostic says

Stocks Drop Despite Nvidias Big Rally Dow falls 600 points in worst day since March 2023. Expect Higher-for-Longer Interest Rates, Feds Bostic Says Atlanta Federal Reserve President... -May 23, 2024 at 09:16 pm EDT - MarketScreener

Asian stocks fell on Friday, while the dollar advanced as strong U.S. economic data bolstered the prospect of interest rates staying higher for longer and the Federal Reserve taking its time in... -May 23, 2024 at 10:05 pm EDT - MarketScreener

The Federal Reserve may need to wait longer to cut interest rates because even with April's slightly cooler inflation reading there is continued upward

Stocks Drop Despite Nvidias Big Rally Dow falls 600 points in worst day since March 2023. Expect Higher-for-Longer Interest Rates, Feds Bostic Says Atlanta Federal Reserve President...

MARKET WRAPS Watch For: Germany GDP; France monthly business survey; UK retail sales; no major corporate updates expected Opening Call: European stock futures were lower early...

Atlanta Fed President Raphael Bostic emphasized caution regarding interest rate cuts, stating that the US economy is not yet past the "worry point" for inflation to return to the target of 2%.

Stocks Drop Despite Nvidias Big Rally Dow falls 600 points in worst day since March 2023. Expect Higher-for-Longer Interest Rates, Feds Bostic Says Atlanta Federal Reserve President... -May 24, 2024 at 01:16 am EDT - MarketScreener