Interest rates stay flat, but economists say cuts could happen
Economists say the recent Consumer Price Index report provides several reasons to be optimistic about the future.
Source: kare11.com
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Dollar Rate Today Int Market- June 13, 2024
The US Dollar (USD) gained on Thursday despite a soft U.S. producer price inflation report for May
Source: arynews.tv
Fed Leaves Interest Rates Unchanged, Forecasts Just One Rate Cut This Year
While announcing its widely expected decision to leave interest rates unchanged on Wednesday, the Federal Reserve also revealed officials now expect only one interest rate cut this year.
Source: rttnews.com
Dollar regroups before inflation test; yen brushes off Tokyo CPI
The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter suggested room for rate cuts this year, while investors braced for inflation... -May 30, 2024 at 08:57 pm EDT - MarketScreener
Source: marketscreener.com
Nasdaq falls 1%; Salesforce shares weigh on tech
Investors also digested data showing the economy had grown slower than previously expected in the first quarter. A separate report showed weekly jobless claims rose more than expected.
Source: moneycontrol.com