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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.
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
Wholesale prices increased in July at the quickest pace since February as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 0.9-percent monthly increase — ...
The Producer Price Index (PPI) rose by 0.9 percent on the month in July, the U.S. Bureau of Labor Statistics (BLS) said on Thursday, and by 3.3 percent on the year. Both were much higher readings than ...
Treasuries moved lower after a reading of inflation at the production level came in stronger than expected, prompting traders ...
With the job market faltering and consumer prices not surging as expected, investors increasingly believe the Federal Reserve ...
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Inflation shock: Producer prices rise more than forecast as core inflation hits 3-year high in July
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
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