Economy

Today's PCE report won't change the backdrop for the Fed: Wall Stree...
July 27, 2024 12:18 AM AEST | By InvestingThe Personal Consumption Expenditures (PCE) price index, a key inflation gauge that the Federal Reserve closely monitors, showed only a modest increas...

BofA's out-of-consensus call: Fed will cut just once this year
July 26, 2024 08:28 PM AEST | By InvestingBank of America (NYSE:BAC) economists expect the Federal Reserve to maintain its policy rate unchanged in July while indicating that progress on reduc...

FOMC statement will open the door to a September cut: Morgan Stanley
July 26, 2024 08:28 PM AEST | By InvestingMorgan Stanley (NYSE:MS) analysts anticipate that the Federal Reserve's upcoming July meeting will pave the way for a rate cut in September.

Despite election outcome, Fed will cut rates in September and throug...
July 26, 2024 07:40 PM AEST | By InvestingThe Federal Reserve's path for monetary policy likely remains unaffected by the outcome of the upcoming U.S. presidential election or the composition...

PCE release, Apple's Chinese sales, European earnings - what's movin...
July 26, 2024 06:10 PM AEST | By Investing
Q2 GDP, PCE data 'not enough to seriously challenge September Fed cu...
July 26, 2024 05:54 PM AEST | By InvestingThe latest batch of gross domestic product (GDP) and personal consumption expenditures (PCE) data came in a bit stronger than expected, yet “not enoug...

Key sectors see price drops since 2022 inflation peak - EPI
July 26, 2024 06:52 AM AEST | By InvestingInvesting.com -The latest economic indicators point to a moderation in consumer price inflation since its peak in June 2022.

BoC lowers rate to 4.5%; Citi expects more cuts as inflation falls
July 26, 2024 06:34 AM AEST | By InvestingInvesting.com - The Bank of Canada (BoC) reduced its overnight rate to 4.5% on Wednesday, a move anticipated by many, including analysts at Citi.

Sooner Fed rate cuts may not save economy from recession
July 26, 2024 05:50 AM AEST | By InvestingInvesting.com -- Sooner Federal Reserve rate cuts may not be enough to stop the central bank from falling behind the curve, throwing the economy and t...

5 Wall Street banks discuss next Fed moves after a blowout US Q2 GDP...
July 26, 2024 02:26 AM AEST | By InvestingThe U.S. economy displayed more robust growth than anticipated for the second quarter, with real GDP increasing by 2.8% on a quarterly basis. This sur...

Citi sees Fed cutting rates at each consecutive meeting staring in S...
July 26, 2024 02:00 AM AEST | By InvestingThe U.S. gross domestic product (GDP) expanded at an annualized rate of 2.8% in the second quarter, which marks a massive jump from the 1.4% growth ra...

New investor survey shows at least two Fed cuts this year + January...
July 25, 2024 08:56 PM AEST | By InvestingA recent survey conducted by Strategas reveals a significant shift in investor expectations regarding the Federal Reserve's interest rate policy.

Biden's speech, Ford's miss, European earnings - what's moving marke...
July 25, 2024 06:28 PM AEST | By Investing
Fed's Dudley now calling for Fed rate cut next week amid recession c...
July 25, 2024 04:34 AM AEST | By InvestingInvesting.com -- Former New Federal Reserve President Bill Dudley on Wednesday called for the Fed to cut rates as soon as next week amid recession con...


BofA survey: 55% of investors think Fed will cut twice this year
July 24, 2024 11:10 PM AEST | By InvestingA recent Bank of America (NYSE:BAC) (BofA) survey reveals that 55% of investors expect the Federal Reserve to cut interest rates twice before the end...

Alphabet/Tesla, Harris leads a poll, European earnings - what's movi...
July 24, 2024 06:18 PM AEST | By Investing
What will a Trump presidency look like for China's economy? ANZ weig...
July 24, 2024 02:56 PM AEST | By InvestingInvesting.com-- Concerns over a second Donald Trump presidency have weighed on Asian markets, specifically China, on what new headwinds they could bri...

What's the ability of a White House to influence the Federal Reserve...
July 23, 2024 11:14 PM AEST | By InvestingThe ability of the White House to influence the Federal Reserve is a topic of significant interest and constitutional debate. According to UBS analyst...

US NFP – Nomura explains how 200k could be the new 100k
July 23, 2024 09:38 PM AEST | By InvestingThe US labor market has been showing perplexing trends recently, marked by robust nonfarm payroll (NFP) growth juxtaposed with a rising unemployment r...