Similar Stories to Need To Know: ‘don’t Fight The Fed,’ Goldman Says. These Stocks Can Benefit From Higher Inflation. on Bing News

U.S. stocks look set to start Monday on the back foot ahead of key inflation data and earnings reports later in the week.

Topics:  stocks   inflation   
BING NEWS:
  • US Fed Meeting Outcome highlights: Powell-led FOMC holds rates steady at 5.25-5.50%, cuts Treasury cap to $25 billion
    Jerome Powell-led rate-setting panel kept interest rates steady at a 23-year high for the sixth straight meeting. The central bank flagged disappointing inflation readings and suggested a possible ...
    05/1/2024 - 8:50 pm | View Link
  • Hedge Funds Buying Protection With Defensive Stocks, Goldman Says
    “It makes sense that hedge funds would be more defensive,” said Keith Lerner, co-chief investment officer at Truist Wealth. “You had a big first quarter, and now we’re seeing more choppiness and ...
    05/1/2024 - 1:00 pm | View Link
  • Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
    The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
    05/1/2024 - 10:00 am | View Link
  • Fed Holds Interest Rate Steady To Fight Still-Too-High Inflation
    Members of the central bank’s policy committee voted unanimously Wednesday to hold the crucial fed funds rate at its current high level to fight inflation that's still running too hot for comfort.
    05/1/2024 - 8:36 am | View Link
  • Wages and Benefits Growth Deals Yet Another Blow to Fed's Inflation Fight
    An index measuring wages and benefits grew more than economists expected in the first quarter in a sign that inflation could be reheating.
    04/30/2024 - 7:43 am | View Link
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