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Fed unlikely to cut rates next week, but may send clear signal on September cut
Investing.com -- The Federal Reserve's meeting next week is expected to come to soon for rate cuts, but central bank will likely take the opportunity to set the stage for a September rate cut followinInvesting.com
Jul 26, 2024
Despite election outcome, Fed will cut rates in September and through 2025: Citi
The Federal Reserve's path for monetary policy likely remains unaffected by the outcome of the upcoming U.S. presidential election or the composition of Congress, Citi economists said in a Thursday noInvesting.com
Jul 26, 2024
PCE release, Apple's Chinese sales, European earnings - what's moving markets
Investing.com -- Wall Street looks set to end a difficult week on a bright note, although the release of the Federal Reserve's favorite inflation gauge later in the session could influence sentiment.Investing.com
Jul 26, 2024
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
