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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.
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
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Inflation shock: Core producer prices hit 3-year high in July in 'head-scratching' inflation surge
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
Wholesale prices increased in July at the quickest pace since February as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 0.9-percent monthly increase — ...
Treasuries moved lower after a reading of inflation at the production level came in stronger than expected, prompting traders ...
Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
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