Fed's Powell: Ppi 'mixed,' Next Move Unlikely To Be A Rate Hike

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Tue, 05/14/2024 - 7:32am

Fed's Powell: PPI 'mixed,' next move unlikely to be a rate hike

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BING NEWS:

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What An Improving U.S. Inflation Outlook Could Mean For The Fed's Rate Cut Timeline
Alexandra Gorewicz, Vice President and Director for Active Fixed Income Portfolio Management at TD Asset Management, says the results move the needle in the right direction but that the Fed is ...
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Nasdaq hits record close after Powell reassures investors, CPI in focus
The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal Reserve Chair Jerome Powell reassured investors while they digested Tuesday's data and waited ...
05/14/2024 - 10:34 am | View Link
Stocks Mixed As Powell Sees This Rate Move Likely; GameStop Soars Again In Revived Meme Frenzy
Major indexes rose after hot inflation data on Tuesday. GameStop rallied over 100% amid the latest meme frenzy. Earnings moved Alibaba and On Holdings.
05/14/2024 - 7:08 am | View Link
Fed’s Jay Powell hints interest rates will stay high as US inflation lingers
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on policy shifts. However, Knot said it would “not have that much impact” on ...
05/14/2024 - 6:03 am | View Link
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