As Federal Reserve officials stare down the last mile in their campaign against inflation, one key question is becoming increasingly central to the debate: Will goods prices continue to fall? Lower prices for everything from apparel to used cars were a major driver of the faster-than-expected downdraft in inflation in…
Fed s Collins, Mester Emphasize Need for More Data to Cut Rates bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
A look at the day ahead in European and global markets from
Kevin Buckland Stock market momentum is waning as a dearth of fresh
economic clues sees the. -May 21, 2024 at 12:30 am EDT
- MarketScreener
Stock market momentum is waning as a dearth of fresh economic clues sees the feverish punting over the pace of Federal Reserve rate cuts finally settle down. AI fever aside, the Fed sits squarely at the center of the market universe, with all asset classes in its orbit. Investors rushed to reintroduce Fed easing bets after a long-in-coming downside CPI surprise last week, but Fed officials have been less sanguine, collectively striking a cautious posture.
Morning Bid: News Vacuum Sucks Momentum From Markets usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.