Fed's Goolsbee Confident With Inflation's 'Golden Path,' But Won't Tie Committee Hands On September Fed Cut: Stocks Fall

Chicago Fed President Austan Goolsbee expressed confidence that the inflation trend is on a "golden path," characterized by a stable decline without triggering a recession. However, he refrained

BenzingaJul 18 12:28 ET

June Retail Sales Stagnate: Traders Fully Price In September Interest Rate Cut

U.S. retail sales stagnated on a month-over-month basis in June 2024, declining from upwardly revised 0.3% growth in May to zero growth and matching the forecasted flat reading, according to

BenzingaJul 16 08:54 ET

Second Weekly Loss for U.S. Dollar Index, Softer Inflation in Play

Seeking AlphaJul 15 11:11 ET

Inflation Data Sparks Rush For Gold, Real Estate, Treasuries, Yen: Traders See September Rate Cut As Done Deal

The stars seem to be aligned for a reduction in U.S. interest rates in about two months, as the June inflation report released Thursday may provide policymakers with the confidence that annual

BenzingaJul 11 11:47 ET

Asia And Europe Markets Advance, Dollar Retreats After Powell's Dovish Stance - Global Markets Today While US Slept

On Wednesday, July 10, U.S. stock markets closed higher, fueled by gains in Nvidia and other major stocks ahead of upcoming inflation data and earnings reports.The Nasdaq and the S&P 500 set

BenzingaJul 11 06:25 ET

Asia Mostly In Red, European Markets Gain, While Gold Advanced - Global Markets Today While US Slept

On Tuesday, July 9th, U.S. stock markets closed mixed, with the S&P 500 and Nasdaq hitting record highs. The gains were driven by Nvidia's 2.5% rise following Fed Chair Jerome Powell's comments that

BenzingaJul 10 07:38 ET