Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
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U.S. Treasury yields fall despite inflation uptick
U.S. Treasury yields fell on Thursday despite another inflation report showing hotter-than-expected price pressures.
Global stocks buffeted by tariff threats and data
Stock markets diverged and the dollar dipped Friday as traders tracked US President Donald Trump's latest tariff announcement ...
PG&E price target lowered to $15 from $20 at Evercore ISI
Evercore ISI analyst Michael Lonegan lowered the firm’s price target on PG&E to $15 from $20 and keeps an In Line rating on the shares. The ...
Wall Street ends higher after Trump unveils tariff plan
The S&P 500 rose on Thursday, driven by gains in Nvidia, Apple, and Tesla. This followed President Trump's plan to implement ...
Business Recorder1d
Dollar dips after PPI data
NEW YORK: The dollar slipped on Thursday after components of January’s producer price report indicated that core PCE ...
EconoTimes1d
America’s Roundup: Dollar weakens as inflation data suggests a lower core PCE reading, Wall Street ends higher , Gold rises, Oil settles flat
Market Roundup US Core PPI (MoM) (Jan) 0.3%, 0.3% forecast, 0.4% previous US Core PPI (YoY) (Jan) 3.6%, 3.3% forecast, 3.7% previous US Initial Jobless Claims 213K, 217K forecast, 220K previous US ...
Free Malaysia Today1d
Dollar slips as inflation data signals lower core producer prices
NEW YORK : The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell further after the White House said that reciprocal tariffs on other ...
Key part of PPI report suggests Fed’s favorite inflation barometer won’t run as hot
Even though wholesale prices surged in January, some costs, such as for healthcare, insurance and plane tickets, were lower than expected. As a result, Wall Street has lowered its forecast for the ...
PPI points to marginally cooler reading for Fed’s favored inflation gauge, helping pull down Treasury yields
A hotter-than-expected January producer-price index following Wednesday's too-warm-for-comfort consumer price index won't dispel jitters over sticky inflation. But investors appeared to be taking ...
S&P 500 Rises 1% as Dollar Falls on Tariff Delay: Markets Wrap
Stocks came within a striking distance of their all-time highs while the dollar got hit as President Donald Trump moved to ...
Devdiscourse1d
S&P 500 Soars Amid Tariff Talks and Market Optimism
The S&P 500 rose as Nvidia, Apple, and Tesla stocks surged, following President Trump's tariff roadmap. U.S. producer prices ...