Atlanta Fed GDP Tracker Revised To 3.0% Growth In Q3; Focus On Fed's Rate Cut Move Today
We note that the Atlanta Fed GDP tracker was revised yesterday to 3.0% growth in Q3. Benchmark 10-year yields are 3-5 bp ...
Stock Market Today: Dow trades flat Friday, remains on track for weekly gain after Fed rate cut
The S&P 500’s utilities sector was posting a big rise Friday as stocks in the U.S. large-cap stock index broadly fell in afternoon trade. The S&P 500 was down 0.4% while its utilities sector rallied 2 ...
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer ...
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn't satisfied.
The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for ...
Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates.
The rate of U.S. inflation is still on track to slow to the Fed’s 2.0% goal in 2026, the central bank predicted. Many economists believe the rate of inflation, using the Fed’s preferred PCE price ...
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Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also ...
A juicy rate cut and new evidence of a surprisingly resilient economy, Yardeni Research calls it ‘nirvana’
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
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S&P 500 on track for first record close since July
The S&P 500 (.SPX), rose to an all-time intraday high on Tuesday and was on track for a record close, lifted by investor ...
Asian Markets Track Wall Street Record To Extend Global Rally
Asian markets rose Friday to build on the latest global rally after a jumbo US interest rate cut this week, while the yen ...
CD Interest Rates Forecast: Will CD Rates Go Up In 2024?
As the Federal Reserve starts to cut rates, what's happening to interest rates on certificates of deposit (CDs)? After steady ...