CPI data rekindles expectations of interest rate cuts! “New Federal Reserve News Agency” splashes cold water: there is no hope until September

Nick Timiraos pointed out that millions of Americans are still facing huge price pressure, and after the April report, two CPI reports are needed to boost confidence in the Federal Reserve.

wallstreetcn4minutes ago

Netflix to Live-stream Two Christmas NFL Games

Seeking Alpha13minutes ago

Short Interest in S&P 500 Healthcare Sector Dips in April, Biotechnology Companies Most Shorted

Seeking Alpha22minutes ago

Early trading of US stocks | US stocks rose slightly, Meme stock gains cooled down, Game Station fell more than 29%

US stocks opened higher on Wednesday. The US CPI report for April showed that inflation was cooling down, causing the market to expect the Federal Reserve to speed up the pace of interest rate cuts in 2024, and US retail sales slowed markedly in April.

環球市場播報44minutes ago

Why Is VirTra Stock Diving Today?

VirTra, Inc. (NASDAQ:VTSI) shares are trading lower after the company reported worse-than-expected first-quarter financial results.Revenue declined 19% year over year to $8.09 million, missing the con

Benzinga51minutes ago

Interest rate cuts are on the rise! The annual rate of the US core CPI fell to its lowest level in nearly three years, and US stocks reached a new high

Before the market on Wednesday local time, the US Department of Labor disclosed the consumer price index for April, with a nominal CPI rate of 3.4% per annum, in line with expectations; the CPI rate increased by 0.3%, slightly lower than expectations of 0.4%; and the more critical core CPI annual rate fell further to 3.6%, in line with expectations, while falling to its lowest point since April 2021.

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