Oil falls 1% as sticky US inflation weighs on demand at the pump - Markets
HOUSTON: Oil prices fell more than 1% on Tuesday as lingering U.S. inflation was poised to keep interest rates...
Source: brecorder.com
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Market Awaits Nvidia Earnings Amid Fed Policy Caution
U.S. indexes saw muted openings as investors await Nvidia's earnings and Fed policy updates. Fed officials remained cautious about inflation, impacting market sentiment. Nvidia's earnings could trigger significant market moves. Technology stocks rose, while specific companies like Peloton and Li Auto faced drops due to financial concerns.
Source: devdiscourse.com
Fed officials urge patience on timing of initial rate cut
By Pete Schroeder and Howard Schneider
Source: gazette.com
Fed's Barr renews focus on liquidity, long-term debt amidst slate of pending reforms
Federal Reserve Vice Chair Michael Barr Monday spoke at length about efforts to enhance banks' liquidity and long-term debt positions after last year's bank failures while saying little about the capital hikes in the embattled interagency Basel III endgame proposal.
Source: nationalmortgagenews.com
Progress in taming inflation has likely resumed, US Fed official says
Report on April inflation a 'welcome relief', but more data is needed before any move to lower interest rates
Source: thenationalnews.com