Inflation is high and the central bank is limiting its rate cut plans
(Bloomberg) -- Economists are divided on how many interest-rate cuts Federal Reserve officials will deliver through 2024 at their policy meeting next
Source: hantsjournal.ca
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Businesses Want To Raise Prices Further, But Customers Have Had Enough
U.S. consumers have a message for businesses, and it rang out loud and clear in a Federal Reserve report Wednesday: they are not going to pay $20 for a hamburger.
Source: investopedia.com
MORNING BID EUROPE-News vacuum sucks momentum from markets
A look at the day ahead in European and global markets from Kevin Buckland Stock market momentum is waning as a dearth of fresh economic clues sees the... -May 21, 2024 at 12:30 am EDT - MarketScreener
Source: marketscreener.com
Morning Bid: News vacuum sucks momentum from markets
Stock market momentum is waning as a dearth of fresh economic clues sees the feverish punting over the pace of Federal Reserve rate cuts finally settle down. AI fever aside, the Fed sits squarely at the center of the market universe, with all asset classes in its orbit. Investors rushed to reintroduce Fed easing bets after a long-in-coming downside CPI surprise last week, but Fed officials have been less sanguine, collectively striking a cautious posture.
Source: yahoo.com
Morning bid: Calm markets hover near highs, metals step back
A look at the day ahead in U.S. and global markets from Mike Dolan Partly due to the absence of top-tier economic news this week, world markets have found a relatively... -May 21, 2024 at 06:00 am EDT - MarketScreener
Source: marketscreener.com