Even cutting interest rates won't help the general election; it's better to follow the rules of the economy. Even cutting interest rates won't help the general election; it's better to follow the rules of the economy.
Translated
Powell said he won't send any signals about when to cut interest rates.
1
If Biden doesn't withdraw from the election, his motivation is probably Powell, so cutting interest rates is possible, but it will cause complications, so keep watching.
Translated
A sign that a hard landing is coming?!
Translated
The Producer Price Index (PPI), which reflects the change in the cost price of product production, has actually dropped so much. Can you believe it?!
Translated
It's just a step for the Federal Reserve to cut interest rates.
Translated
The labor market is booming, and the monthly wage rate is doubling. Is it difficult to cut interest rates?
Translated
affable Blobfish_403
commented on
May's nonfarm payrolls report will be released at 8:30 ET this Friday. The median forecast of analysts for the May nonfarm employment is 190,000, which, although potentially slightly higher than April, is still expected to be below the first quarter's average level of 269,000. Wells Fargo said the slowdown in hiring in the leisure and hospitality industry and government sectors was an important reason for th...
+5
29
6
affable Blobfish_403
commented on
by Luzi Ann Santos | moomoo News
$NVIDIA(NVDA.US$'s record-breaking rally sent the company's market capital to $3.01 trillion, surpassing that of $Apple(AAPL.US$, and helping propel the S&P 500 and the Nasdaq Composite to fresh all-time highs.
Most sectors gained as signs of weakening labor market fueled hopes that the US Federal Reserve could start cutting interest rates in the next few months. Advancers totaled ...
$NVIDIA(NVDA.US$'s record-breaking rally sent the company's market capital to $3.01 trillion, surpassing that of $Apple(AAPL.US$, and helping propel the S&P 500 and the Nasdaq Composite to fresh all-time highs.
Most sectors gained as signs of weakening labor market fueled hopes that the US Federal Reserve could start cutting interest rates in the next few months. Advancers totaled ...
30
8
affable Blobfish_403
commented on
U.S. economic activity in the services sector expanded in May, while new orders accelerated, highlighting the sector's continued strength at a time when manufacturing is weakening.
The Services Purchasing Managers' Index (PMI) rose to 53.8% in May after contracting in April, the ISM said in a report Wednesday morning. That's stronger than the 51% average of estimates compiled by Bloomberg.
The services sector's price index fell 1.1 p...
The Services Purchasing Managers' Index (PMI) rose to 53.8% in May after contracting in April, the ISM said in a report Wednesday morning. That's stronger than the 51% average of estimates compiled by Bloomberg.
The services sector's price index fell 1.1 p...
11
1