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July 3, 2024
The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. N...
July 3, 2024
And the nasdaq all hit their highest levels ever. The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell has said a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing ra...
July 3, 2024
Right, the dow, snp 500 and nasdaq all hit their highest levels ever. The catalyst was wednesdays Consumer Price index report, but showed inflation rising less rapidly inflation rising less rapidly in april then wed seen in the first three months of the year. Fed Chairjerome Powell said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of p...