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Fed Minutes Raise Risk Of 'Higher-For-Longer' Interest Rates: 'Bears Would Normally Get Excited, But...'
The minutes from the May Federal Open Market Committee (FOMC) meeting delivered a harsh reality check to investors, countering the dovish signals earlier conveyed by Fed Chair Jerome Powell during the
High Interest Rates Here To Stay? Fed Minutes Reveal Disinflation Takes 'Longer Than Previously Thought'
The minutes from the latest Federal Open Market Committee meeting released Wednesday reveal increased uncertainty about the swift decline of inflation toward the 2% target, with the majority of board
Asia Markets Advance While Europe Dips, Gold Closes In On $2,400 Again - Global Markets Today While US Slept
On Wednesday, May 16th, U.S. stock markets closed significantly higher, with major indexes reaching record highs. The S&P 500 and Nasdaq each climbed over 1% following lower-than-expected consumer inf
US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets
U.S. inflation data for April came in broadly in line with analyst estimates Wednesday, breaking a concerning three-month streak of higher-than-expected readings and reigniting hopes for a return to t
Asia And Europe Markets Mixed, Copper Hits Two-Year High, Gold Edges Higher At $2,375 - Global Markets Today While US Slept
On Tuesday, May 15th, U.S. stock markets closed higher, with the Nasdaq reaching a record closing high. Both the S&P 500 and Dow Jones also saw gains, buoyed by reassurances from Federal Reserve Chair
Fed Chair Powell Signals Patience In Rate Policy, Labels Producer Inflation Data As 'Mixed'
During a discussion with Dutch Central Bank President Klaas Knot in Amsterdam, Fed Chair Jerome Powell reinforced his stance that U.S. monetary policy will likely maintain its current rate for a more