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Economists Endorse September Fed Rate Cut As Inflation Falls To March 2021 Level: 'The Policy Mistake Has Already Been Made'
Friday, June 28, 2024 - 11:46am | 763Read More...Economists have broadly welcomed the latest key piece of inflation data, with the Personal Consumption Expenditure (PCE) price index — commonly referred to as the Fed’s favorite measure of inflation — dropping to a 2.6% year-on-year rate in May 2024, its lowest level since March 2021. This...
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US Stocks On Track For Strong Start With VIX Plunging: Why This Analyst Says Next Move 'More Likely Higher Than Lower'
Wednesday, November 29, 2023 - 8:24am | 1620Read More...After stocks scraped through on Wednesday, the market mood has lifted from a general increase in risk appetite. With volatility plunging, all risky bets, such as equities and cryptocurrencies, are rising higher. Crude oil prices rose solidly, and the bond yields moved lower as traders continued to...
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Declaring Victory On Inflation Would Be 'Premature,' LPL Financials Strategist Says On August PCE
Friday, September 29, 2023 - 12:08pm | 440Read More...The Personal Consumption Expenditure (PCE) Price Index for August, the Federal Reserve’s favored inflation measure, issued on Friday, showed mixed outcomes and supported investor uncertainty over potential adjustments in the Fed’s stance on interest rates. PCE By The Numbers: Headline...
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Why These Economists Say The End Of The Fed's Interest Rate Hike Cycle Is Near
Wednesday, February 1, 2023 - 5:05pm | 465Read More...The Fed confirmed its latest hike on the federal funds rate of 0.25% on Wednesday afternoon. The decision to slow down the pace of hikes was seen as a sign the economy was responding positively to last year's hard tightening measures. The current federal funds rate is currently at between 4.5% and...
