Stock Market News Today: Fed's Bullard Calls for Another 75bp Rate Hike
"I don't really see why you want to drag out interest rate increases into next year," Fed President James Bullard said.
Source: businessinsider.com
Page 18 - Arkets Wrap News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Arkets Wrap Today - Breaking & Trending Today
Stock Market News Today: Stocks Dip After Weekly Jobless Claims Fall
The solid jobless claim data show that rising layoffs and hiring freezes from technology companies has yet to put a dent in the strong labor market.
Source: businessinsider.com
Stock Market News Today: Investors Mull Signs Inflation Is Coming Down
Import prices fell 1.4% in July, exceeding economist estimates for a decline of just 1% and representing the biggest drop since April 2020.
Source: businessinsider.com
Stock Market News Today: Big Gains As Investors Cheer Cooling Inflation
A cooling of inflation is seen as risk-on for the stock market because it would give the Federal Reserve more flexibility in its interest rate hikes.
Source: businessinsider.com
Stock Market News Today: Fed Policy in Question After July Jobs Report
The July jobs report showed a better-than-expected gain in average hourly earnings, with a 0.5% increase to $32.17 beating estimates of 0.3%.
Source: businessinsider.com