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Overnight in the US, equity indices ended mixed. The S&P 500 rose 0.10% to close at 5,892.58, and the Nasdaq Composite climbed 0.72% to settle at 19,146.81. However, the Dow Jones Industrial Average ...
Looking ahead, traders await the release of top-tier US economic data due later on Thursday, including Retail Sales and Producer Price Index (PPI) for April. The Federal Reserve (Fed) Chair Jerome ...
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...
A slew of positive earnings and commentary from major AI-linked chipmakers helped lift spirits. Server maker SuperMicro ...
Federal Reserve policymakers are leaving interest rates where they are while they try to assess how U.S. President Donald ...
Hyperbole aside, last month’s inflation rate was lower than economists expected. But some analysts believe the relatively strong report could be the final calm before the storm, as American firms ...
A prominent House Republican who is in charge of a monetary policy task force told Yahoo Finance he still supports Jerome ...
The U.S. Bureau of Labor Statistics has announced that the adjusted CPI annual rate in April was 2.3%, the lowest since ...
Jerome Powell mismanaged the COVID-19 economy. He also failed to understand Joe Biden's inflation. His refusal to cut ...
President Trump's wish for a rate cut may be looking more realistic as economic uncertainty clears—but it still won't be ...
The markets have come around to the Federal Reserve chairman’s cautious approach to lowering interest rates. President Trump ...
Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt stagflation.
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