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US June CPI Preview: The Upcoming Inflation Data May Increase the Likelihood of a Rate Cut in September
On July 11, the U.S. Bureau of Labor Statistics will release CPI data for June at 8:30 a.m. ET. The headline CPI is anticipated to show a modest increase of 0.1%. The annual headline CPI is expected to decline to 3.1% from the previous rate of 3.3% reported in May.
Seven Sessions and Five All-Time Highs in a Row | Wall Street Today
US stocks advanced for the seventh session on Wednesday, lifting the
S&P 500 Cracks 5,600 Joins Nasdaq At Fresh Highs Wednesday
US stocks advanced for the seventh day in a row on Wednesday, lifting the S&P 500 above 5,600 for the first time ever.In addition to a 0.7% gain for the S&P 500, the Dow Jones Industrial Average
Behind Powell's Latest Shift in Rate-Cut Framework
It didn't move markets, but during two days of congressional testimony this week, Fed Chair Jerome Powell made the beginning of a pivot on interest rates that might prove more durable than one that sparked a big market rally at the end of last year.
Powell Says Fed Has 'Ways to Go' on Reducing Balance Sheet
The Federal Reserve has "ways to go" on reducing its balance sheet, Chair Jerome Powell told the House Financial Services Committee Wednesday."The run off in the portfolio is now, I think, $1.7
Express News | S&P 500 Hits 5,600 Points for the First Time
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