Forecasts for January CPI Report Point to Slow Progress In Inflation Fight
Powell has signaled that the Fed is waiting for clearer signs on the outlook for inflation before cutting rates.
Source: morningstar.com
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Jobless Claims Fall But Americans Still Can't Afford Homes
The jobs market shows Americans have spending power but are still struggling to afford to buy high-priced homes.
Source: newsweek.com
Consumer Cos Up on Luxury Hopes -- Consumer Roundup
Consumer companies rallied as luxury firms continued to show promise. Gucci owner Kering expects profit to take a hit this year from planned investments in...
Source: marketwatch.com
Consumer Cos Up on Luxury Hopes -- Consumer Roundup
Consumer companies rallied as luxury firms continued to show promise. Gucci owner Kering expects profit to take a hit this year from planned investments in its fashion houses, but shares rose... -February 08, 2024 at 05:39 pm EST - MarketScreener
Source: marketscreener.com
U.S. Job Market Surges, Shaking Up Future Economic Predictions
In a surprising turn of events, U.S. employers ramped up hiring in December, outpacing expectations and bolstering wages. This development has led financial markets to reconsider the likelihood of an imminent Federal Reserve interest rate cut in March. Here’s the full story. Steady Economic Growth Despite Pressing Concerns The latest employment report from the Labor […]
Source: fromfrugaltofree.com