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NEW YORK: The dollar fell on Wednesday (May 1) after the US Federal Reserve signalled it is still leaning toward eventual reductions in borrowing costs, but repeated that it wants to gain "greater confidence" that inflation will continue to fall before cutting rates. "In recent months, there has been a lac
Stocks traded lower on Tuesday as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the eve of a key Federal Reserve policy meeting to decide the direction of interest rates.
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Stoxx 600 notches first monthly loss in six even as data signals improving economic fundamentals
Consumer companies fell after weak economic data, and warnings from one bellwether about the impact of inflation. The consumer confidence index sank to 97.0 this month from a revised 103.1 in... -April 30, 2024 at 05:40 pm EDT - MarketScreener
The latest GDP and inflation figures have sparked concerns among investors, hinting at a potential economic downturn worse than a recession.