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Fed expected to stick with regular-sized rate cut after hot inflation data
A jump in U.S. wholesale prices last month looks to have all but erased the possibility that the Federal Reserve will deliver a jumbo-sized half-percentage-point interest rate cut in September, though expectations for a quarter-percentage-point move next month,
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.
US inflation on the wholesale level picked up steam in July, with prices rising by the fastest monthly pace since March 2022, new data showed Thursday.
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
Sen. Patty Murray, a senior Democrat from Washington, on Tuesday slammed Antoni as “an unqualified right-wing extremist” and ...
The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due ...
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
Not too hot, not too cold — this was just right. The latest inflation report delivered a best-case scenario for the stock ...
Hot PPI data released on Thursday morning led to a pullback in stock-market futures as wholesale prices rose 0.9% in July, ...
Monthly U.S. inflation data is under increased scrutiny after President Donald Trump removed the head of the U.S. Bureau of ...
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