NY Fed survey: Markets bet ahead of July FOMC expected rate rise would be last wkzo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wkzo.com Daily Mail and Mail on Sunday newspapers.
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Companies are losing their ability to keep prices elevated as inflation has been coming down, and Wall Street is noticing. Inflation was initially caused by companies’ passing through cost increases brought about by mangled global supply lines. Those elevated costs gave them cover to keep their prices higher and take more in profit. But as…
After the July Federal Reserve meeting, which resulted in a 0.25% rate hike to a range of 5.25-5.5%, the market will have about two months to examine incoming economic data that will be critical for the Fed’s future interest rate decisions.
After the July Federal Reserve meeting, which resulted in a 0.25% rate hike to a range of 5.25-5.5%, the market will have about two months to examine incoming…