Higher gas and rents keep US inflation elevated, likely delaying Fed rate cuts
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Higher gas and rents keep US inflation elevated, likely delaying Fed rate cuts
Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other item. Thats according to a government report that will likely give pause to the Federal
Source: journalgazette.net
Higher gas and rents keep US inflation elevated, likely delaying Fed rate cuts
Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said in a report that will likely give pause to the Federal
Source: woodwardnews.net
When Will Fed Cut Rates?
As the economy flexes its muscles, maybe later — or not at all.
Source: inddist.com
Higher for longer after all? U.S. investors see Fed rates falling more slowly
Market pricing now suggests that rates will end the year in the neighborhood of 4.75%
Source: theglobeandmail.com
Federal Reserve Adjusts Economic Strategy Amid Inflation Concerns
Recent remarks from Federal Reserve officials suggest a strategic pivot that may have significant implications for both the U.S. economy and global markets.
Source: financial-world.org
Atlanta Fed's Bostic still expects one rate cut in 2024 but doesn't rule out zero or two
Atlanta Federal Reserve President Raphael Bostic still expects one rate cut in 2024, but is not ruling out the possibility of two or zero depending on the…
Source: biztoc.com
Fed's Bostic still expects 1 rate cut in 2024 but doesn't rule out 0 or 2
Atlanta Fed president Raphael Bostic still expects one rate in 2024, but is not ruling out the possibility of two or zero depending on the direction of the US economy and inflation.
Source: yahoo.com
ASX to rise as gold hits record; El-Erian's rate cut prediction
Shares poised to advance as US shares steady; Dubber CEO sacked; US Federal Reserve Bank of Atlanta president reiterated his expectation for one interest rate cut this year; gold extends rally. Follow updates here.
Source: afr.com
Asia Stocks to Skew Higher Ahead of US Inflation: Markets Wrap
(Bloomberg) — Stocks in Asia mostly pointed higher after US equities recovered and bonds climbed ahead of key inflation data that will help shape the outlook for the Federal Reserve’s next steps. Futures for Hong Kong and Australia indicated gains, while those for Japan showed a small decline, with trading in the region likely to…
Source: swissinfo.ch