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Weekly initial jobless claims rise 242,000, more than expected

Investing.com -- The number of Americans filing for first-time unemployment benefits rose by more than anticipated last week, pointing to a cooling labor market.Initial jobless claims in the U.S. clim

Investing.com

Jun 13, 2024

Hawkish resistance from the Fed: Why only one interest rate cut in 2024?

Investing.com - The surprise from the United States Federal Reserve did not come from the decision to keep interest rates unchanged in the range of 5.25 to 5.50% in June, but from the update in econom

Investing.com

Jun 13, 2024

Goldman still expects two Fed rate cuts this year despite hawkish dot plot

The June dot plot surprised the markets with a more hawkish stance, showing a median projection of one rate cut in 2024, contrary to the two cuts that consensus had expected.However, in his Wednesday

Investing.com

Jun 13, 2024

Fed keeps rates steady, but sees just one cut for this year in hawkish surprise

Investing.com -- The Federal Reserve kept interest rates unchanged on Wednesday, but in a hawkish surprise the central bank now sees just one rate cut for the year, as inflation is expected to trend h

Investing.com

Jun 12, 2024

WATCH LIVE: Fed Chair Jerome Powell Holds Press Conference

Investing.com -- Federal Reserve Chairman Jerome Powell answers reporters' questions following the FOMC's decision on interest rates. -- June 12, 2024.

Investing.com

Jun 12, 2024

CPI: 3 Wall Street economists react to today's inflation numbers

Following the latest US inflation data, Wall Street economists have been quick to offer their views on the numbers. After the data release, stocks rallied, with the S&P 500 currently up 1.1% and the N

Investing.com

Jun 12, 2024

Today's inflation report determines the Fed's course and Powell's statement

Investing.com - On Wednesday, investors are awaiting one of the most important pieces of data that will shape the future of the Federal Reserve's interest rate policy: the Consumer Price Index (CPI) d

Investing.com

Jun 12, 2024

Attention to this expert: What if there is no rate cut in the U.S. in 2024?

Investing.com - Markets are tense Wednesday due to two key events: the U.S. Consumer Price Index (CPI) for May and the interest rate decision by the U.S. Federal Reserve (Fed).How to invest on this cr

Investing.com

Jun 12, 2024

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