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Q2 GDP, PCE data 'not enough to seriously challenge September Fed cut': Evercore
The latest batch of gross domestic product (GDP) and personal consumption expenditures (PCE) data came in a bit stronger than expected, yet “not enough to seriously challenge” expectations of a SeptemInvesting.com
Jul 26, 2024
5 Wall Street banks discuss next Fed moves after a blowout US Q2 GDP report
The U.S. economy displayed more robust growth than anticipated for the second quarter, with real GDP increasing by 2.8% on a quarterly basis. This surge has brought the year-over-year gain to 3.1%. ThInvesting.com
Jul 25, 2024
Citi sees Fed cutting rates at each consecutive meeting staring in September
The U.S. gross domestic product (GDP) expanded at an annualized rate of 2.8% in the second quarter, which marks a massive jump from the 1.4% growth rate observed in the first quarter and much higher tInvesting.com
Jul 25, 2024
Fed's Dudley now calling for Fed rate cut next week amid recession concerns
Investing.com -- Former New Federal Reserve President Bill Dudley on Wednesday called for the Fed to cut rates as soon as next week amid recession concerns, reversing his long-held view for the U.S. cInvesting.com
Jul 24, 2024
Alphabet/Tesla, Harris leads a poll, European earnings - what's moving markets
Investing.com -- Wall Street looks set to open on a negative note Wednesday, with second-quarter results from tech giants Alphabet (NASDAQ:GOOGL) and Tesla underwhelming. The U.S. political situationInvesting.com
Jul 24, 2024
Here's why the 'Trump trade' could come under pressure in coming weeks: analysts
Vice President Kamala Harris has rapidly become the clear frontrunner for the Democratic nomination, following President Joe Biden's announcement of his withdrawal from the race.But while several poteInvesting.com
Jul 23, 2024
Harris has enough delegate support to become Democratic presidential nominee- AP
Investing.com-- Vice President Kamala Harris has secured support from enough Democratic delegates to become the party’s official nominee against Republican frontrunner Donald Trump, an Associated PresInvesting.com
Jul 23, 2024
