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Stocks ease, US yields rise after hot US inflation data shakes confidence in Fed rate cut
Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market expectations for Federal Reserve interest rate cuts were shaken by surprisingly strong inflation data.
Inflation Data and Crypto Craze: Stocks Poised for Fed Rate Cut Hype
Crypto Remains in the Spotlight: Investors continue to buy all things crypto. Bullish (BLSH) went public in an IPO yesterday, with its stock soaring from its offer price of $37 to $68 – an 84% gain – but shares had been as high as $118, a 219% rise. BLSH is up another 13% in premarket trading.
3hon MSN
Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
Here's what new data from the producer price index says about where inflation is headed, according to economists.
The brunt of tariffs is yet to be felt. Importers padded inventories before Liberation Day or absorbing the costs, delaying ...
Producer prices in US rose sharply in July, reigniting concerns over inflation persistence as Fed rate cuts were being priced in. PPI up 0.9% month over month, core PPI up 0.9%, and services prices ...
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
WASHINGTON (AP) — U.S. inflation was unchanged in July while a measure of underlying inflation rose to its highest level in ...
Consumer prices, which rose 3.2% last month compared with July 2024, was smaller than June's 3.5%, according to the federal ...
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