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But the holiday-shortened week will still give Wall Street a chance to parse through the Fed's expectations for next year's interest rate decisions. Central bankers now predict a shallower rate ...
Here's what investors can expect in the week ahead. ... September (48.5 expected, 47.9 previously); Chicago Fed Nat Activity Index, August (-.20 expected, -0.34 previously) Earnings: No notable ...
This week, a fresh reading on the Fed's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, will highlight the economic calendar. ... Conference Board Consumer Confidence ...
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts.
Another economic growth update. US economic growth for the first quarter of 2024 came in far weaker than economists had expected. On April 25, the Bureau of Economic Analysis's advance estimate of ...
The Fed hiked the federal funds rate (overnight interest rates) to a two-decade high of 5.33% between Mar. 2022 and Aug. 2023, in order to tame an inflation surge that resulted from pandemic ...
But the most important number offered by Fed officials was the FOMC’s surprisingly bullish expectations for economic growth, revised upward, as our Chart of the Week shows.
The Fed is widely expected to hold interest rates steady this Wednesday at its first policy meeting of 2024. Investors will be looking for any clues about when cuts could begin. The Fed will ...