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Fed debate on September rate cut to turn on inflation, jobs data
A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a risk, intensifying debate over the wisdom of a rate cut at their September meeting and leaving the tension between the U.
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.
Most stocks are falling on Wall Street after a disappointing report said inflation was worse last month at the U.S. wholesale ...
The S&P 500 and the Nasdaq retreated from record highs on Thursday, after a hotter-than-expected producer prices report ...
US inflation on the wholesale level picked up steam in July, with prices rising by the fastest monthly pace since June 2022, ...
Inflation brought on by Trump's tariffs will be seen in "rolling pockets," Charles Schwab chief investment strategist Liz Ann ...
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
Turkey's central bank is aiming to cut inflation to 16% by the end of next year and 9% by end-2027, it said on Thursday, ...
Hot PPI data released on Thursday morning led to a pullback in stock-market futures as wholesale prices rose 0.9% in July, ...
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