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Comerica (CMA) Receives a Sell From Barclays
Comerica | 10-K: Annual report
Detroit Pistons Shine Spotlight on Seven Small Businesses During February's SHOP313 Pop-Up Shops Presented by Comerica
Fed Official: Banking System Generally Healthy, Inflation Battle on Track
Survey: Inflation in the USA is expected to rise in the short term, and the Federal Reserve will not lower interest rates again until July.
Economists expect the inflation Indicators favored by the Federal Reserve to accelerate in the short term, prompting policymakers to maintain high interest rates for a longer period. According to the latest Bloomberg survey of economists, the core Personal Consumption Expenditures (PCE) price Index, which excludes volatile food and Energy categories, is expected to grow by 2.6% in the first quarter, which is higher than the previous month's expectation of 2.5%. Economists also anticipate that the overall PCE and the Consumer Price Index will see a faster growth rate this year. Therefore, forecasters now believe that Federal Reserve officials will not cut interest rates again until July, whereas the last survey predicted a rate cut in May. Earlier this week, it was announced.
US Existing-Home Sales Drop Back Again With Mortgage Rates at 7%
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