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Powell Is Poised to Keep Fed on Higher-for-Longer Path - Vimarsana News

Powell Is Poised to Keep Fed on Higher-for-Longer Path

(Bloomberg) -- Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal Reserve is willing to wait before cutting interest rates.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesAI Boom’s Secret Winners? The Companies Expected to Power ItPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversin

Source: yahoo.com
Inflation is overshadowing U.S. economic resilience, hurting Biden - Vimarsana News

Inflation is overshadowing U.S. economic resilience, hurting Biden

Most economists say the underlying momentum of the U.S. economy remains strong. But growth and jobs – which have been surprisingly sturdy – have generated little tangible benefit to Biden’s hopes for reelection.

Fed's Preferred Inflation Gauge Is Set to Back Rate-Cut Patience - Vimarsana News

Fed's Preferred Inflation Gauge Is Set to Back Rate-Cut Patience

(Bloomberg) -- Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to keep interest rates higher for longer than previously anticipated.Most Read from BloombergTraders Are Cashing Out of Markets En MasseMagnificent Seven Earnings Arrive With Stocks at Critical MomentNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTikTok Divest-or-Ban Bill Expected to Become US Law in Da

Source: yahoo.com
Yields Soar as Inflation Dents Case for Fed Rate Cuts This Year - Vimarsana News

Yields Soar as Inflation Dents Case for Fed Rate Cuts This Year

(Bloomberg) -- Treasury yields soared, reaching new year-to-date highs, as hotter-than-expected March inflation readings prompted prompted investors to scale back the US interest-rate cuts they foresee this year.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will Get StuckChinese Cement Maker Halted After 99% Crash in 15 MinutesApple’s India iPhone Output Hits $14 Billion in China ShiftBond Trader Places Reco

Source: yahoo.com
US Inflation Refuses to Bend, Fanning Fears It Will Get Stuck - Vimarsana News

US Inflation Refuses to Bend, Fanning Fears It Will Get Stuck

(Bloomberg) -- A key US price gauge topped forecasts for a third straight month on gains in rents and transportation costs, spurring concerns that inflation is becoming entrenched as the economy keeps powering ahead.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will Get StuckChinese Cement Maker Halted After 99% Crash in 15 MinutesApple’s India iPhone Output Hits $14 Billion in China ShiftBond Trader Places

Source: yahoo.com