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Inflation Data and Crypto Craze: Stocks Poised for Fed Rate Cut Hype
Crypto Remains in the Spotlight: Investors continue to buy all things crypto. Bullish (BLSH) went public in an IPO yesterday, with its stock soaring from its offer price of $37 to $68 – an 84% gain – but shares had been as high as $118, a 219% rise. BLSH is up another 13% in premarket trading.
Why hotter-than-expected wholesale prices make the Fed’s September rate cut decision harder
A hotter-than-expected wholesale inflation report just made the Federal Reserve’s decision regarding a September rate cut even harder, raising questions of whether higher prices for businesses will be passed on to consumers,
Here's what new data from the producer price index says about where inflation is headed, according to economists.
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...
A September interest rate cut by the Federal Reserve risks inflation expectations increasing, says JP Morgan's head of inflation strategy Pheobe White on this Macro Matters edition of the FICC Focus ...
Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
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