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Stock market today: S&P 500 notches record high as Fed affirms rate cuts: The S&P 500 surpassed 5,200 for the first time as the Fed affirmed three rate cuts are ...
markets.businessinsider.com/news/stocks/stock-market-today-fed-rate-cut-outlook-inflation-sp500-record-2024-3
Stock market today: S&P 500 notches record high as Fed affirms rate cuts
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
  • The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.

  • Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.

  • Cost of living is increasing while wage growth is outpacing inflation.

  • Housing costs are rising faster, putting pressure on renters and homeowners.
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Federal Reserve Chair Jerome Powell told House lawmakers that interest rate cuts are likely "at some point" in 2024 ... Show more
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Stock market today: Indexes slip again ahead of inflation data: Stocks logged another losing session on Tuesday, after closing lower in the prior two sessions ...
markets.businessinsider.com/news/stocks/stock-news-today-rally-fed-comments-pce-inflation-data-powell-2024-3
Stock market today: Indexes slip again ahead of inflation data
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Federal Reserve expected to cut rates, lift Biden's prospects: The U.S. Federal Reserve looks on track to cut interest rates as the presidential campaign season ...
reuters.com/markets/us/federal-reserve-expected-cut-rates-lift-bidens-prospects-2024-03-25/
Federal Reserve expected to cut rates, lift Biden's prospects
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Your 401(k) has 'room to run.' And it's not all about Fed rate cuts.: The Fed's plans to cut interest rates seems to be driving up stocks and your 401(k) ...
usatoday.com/story/money/2024/03/24/fed-rate-cuts-stocks-economy/73074366007/
Your 401(k) has 'room to run.' And it's not all about Fed rate cuts.
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The US economy is nowhere near a recession, Goldman Sachs’ top economist says: The soft landing that once looked nearly impossible for the Federal Reserve to ...
cnn.com/2024/03/20/business/recession-fed-economy-goldman-sachs/
The US economy is nowhere near a recession, Goldman Sachs’ top economist ...
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JPMorgan Chase CEO Jamie Dimon had a lot to say at the Australian Financial Review business summit. The bank boss touched on everything from the Federal ... Show more
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Dollar weakens after Fed meeting, yen strengthens: The dollar weakened and the yen rebounded from near multi-decade lows on Wednesday after the Federal Reserve ...
reuters.com/markets/currencies/yen-flounders-near-four-month-low-fed-spotlight-2024-03-20/
Dollar weakens after Fed meeting, yen strengthens
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Lawmakers call on Fed to lower interest rate ahead of Wednesday announcement: Ahead of the Federal Reserve's meeting on interest rates and inflation ...
bostonherald.com/2024/03/19/lawmakers-call-on-fed-to-lower-interest-rate-ahead-of-wednesday-announcement/
Lawmakers call on Fed to lower interest rate ahead of Wednesday ...
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JPMorgan Chase CEO Jamie Dimon said he doesn’t think the Federal Reserve should begin lowering interest rates by June and should instead wait for more clarity ...
Profile picture of Investor's Business Daily
Fed Chair Powell Just Blessed The S&P 500 Rally — And Ignored This: Federal Reserve Chair Jerome Powell said financial conditions are weighing on the economy ...
investors.com/news/economy/federal-reserve-chair-jerome-powell-financial-conditions-sp-500-rally/
Fed Chair Powell Just Blessed The S&P 500 Rally — And Ignored This
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Interest-Rate Cuts and Inflation: Your Guide to the Great Descent of 2024: In a new monthly project, Points of Return will track the world’s perilous journey out ...
bloomberg.com/graphics/2024-opinion-rate-cuts-covid-inflation-central-banks/
Interest-Rate Cuts and Inflation: Your Guide to the Great Descent of 2024
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The great central bank policy reversal kicks off: The world's biggest central banks are on the starting line of reversing a record string of interest rate hikes ...
reuters.com/markets/rates-bonds/great-central-bank-policy-reversal-kicks-off-2024-03-22/
The great central bank policy reversal kicks off
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US economy adds 275,000 jobs in February, unemployment rate ticks higher: The February jobs report showed employers continue to hire workers at a good clip ...
foxbusiness.com/economy/us-jobs-report-february-2024
US economy adds 275,000 jobs in February, unemployment rate ticks higher
Quick Glance: Slower, but strong US job growth expected
  • Forecast: Nonfarm payrolls to increase by 200,000 in February

  • Unemployment rate expected unchanged at 3.7%

  • Average hourly earnings to rise 4.4% year-on-year

  • Labor market remains strong despite potential rate cuts
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What's next for US interest rates?: The Fed forecast at its December meeting that it "will cut borrowing costs three times in the coming year"
theweek.com/money-file/1021751/personal-finance-us-interest-rate-forecast
What's next for US interest rates?
Profile picture of Investor's Business Daily
Fed Rate Cuts Are On Hold Because Of The AI Stock Boom: The Federal Reserve is slow-walking rate cuts to restrain surging AI stocks and the S&P 500 ...
investors.com/news/economy/fed-rate-cuts-federal-reserve-sp-500/
Fed Rate Cuts Are On Hold Because Of The AI Stock Boom
Profile picture of Investor's Business Daily
Key Fed Inflation Rate Isn't Great For Near-Term Rate Cut: The key Federal Reserve inflation rate heated up in January, but no worse than expected ...
investors.com/news/economy/key-federal-reserve-inflation-rate-bad-news-for-rate-cuts-sp-500-rise/
Key Fed Inflation Rate Isn't Great For Near-Term Rate Cut
Quick Glance: Inflation Drops: Impact on Your Money
  • Germany's inflation hits lowest level since June 2021, affecting consumers.

  • Rising prices have burdened private consumption and the German economy.

  • Experts predict further inflation decrease, yet caution prevails.

  • CO2 price hikes and VAT rate changes impact inflation factors, as food prices rise.
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The US economy is so strong that there might not be any rate cuts in 2024: 2024 was supposed to be the year consumers could start breathing again.
cnn.com/2024/03/01/investing/the-fed-may-not-cut-rates-this-year/
The US economy is so strong that there might not be any rate cuts in 2024
Profile picture of Investor's Business Daily
Fed Meeting Focus On These Two Words Won't Thrill S&P 500: Federal Reserve meeting rate-cut projections will take center stage on Wednesday ...
investors.com/news/economy/federal-reserve-meeting-rate-cuts-financial-conditions-sp-500/
Fed Meeting Focus On These Two Words Won't Thrill S&P 500
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As Hershey battles cocoa costs, chocolate lovers may help cool inflation: The company’s response to the historically high cost of cocoa, the main ingredient in ...
washingtonpost.com/business/2024/03/12/inflation-chocolate-prices-grocery-cost/
As Hershey battles cocoa costs, chocolate lovers may help cool inflation
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Fed’s Michael Barr Says More Data Needed on Inflation Before Rate Cuts Can Start: Federal Reserve Vice Chair for Supervision Michael Barr said the US central ...
bloomberg.com/news/articles/2024-02-14/barr-says-he-supports-powell-s-careful-approach-to-rate-cuts
Fed’s Michael Barr Says More Data Needed on Inflation Before Rate Cuts Can ...
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Rent is driving inflation. But there’s something off in the data.: There’s a growing disconnect between what shows up in official reports and what’s happening on ...
washingtonpost.com/business/2024/03/03/rent-cpi-housing-fed/
Rent is driving inflation. But there’s something off in the data.
Profile picture of Investor's Business Daily
Fed Rate Cuts Are On Hold Because Of The AI Stock Boom: The Federal Reserve is slow-walking rate cuts to restrain surging AI stocks and the S&P 500 ...
investors.com/news/economy/fed-rate-cuts-federal-reserve-sp-500/
Fed Rate Cuts Are On Hold Because Of The AI Stock Boom
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Fed chief caught in partisan battle over rate cuts as election looms: Interest rates are becoming an increasingly partisan issue ahead of the 2024 election as ...
thehill.com/business/4513519-fed-chief-caught-in-partisan-battle-over-rate-cuts-as-election-looms/
Fed chief caught in partisan battle over rate cuts as election looms
Profile picture of Insider (news website)
Fed rate cut outlook: No reason why Powell should cut rates right now: The US economy is holding up just fine, and growth projections for 2024 have only gone up ...
businessinsider.com/fed-rate-cut-outlook-jerome-powell-us-economy-earnings-jpmorgan-2024-3
Fed rate cut outlook: No reason why Powell should cut rates right now
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LIVE: Jerome Powell testifies on monetary policy in Senate hearing Federal Reserve Chair Jerome Powell gives Senate Banking Committee its biannual monetary ... Show more
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U.S. inflation sees slight decline but remains above Fed target: The costs of physical goods, including clothing, used cars and prescription drugs ...
pbs.org/newshour/economy/u-s-inflation-sees-slight-decline-but-remains-above-fed-target
U.S. inflation sees slight decline but remains above Fed target
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Mortgage rates retreated to the 6% range this week as waning inflation data gives homebuyers a glimmer of hope. The average rate for a 30-year mortgage inched ... Show more
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Even Cookie Monster is complaining about the US economy now: Cookie Monster has taken a stance on a very real and controversial trend in the US economy — and he ...
cnn.com/2024/03/04/economy/cookie-monster-shrinkflation/
Even Cookie Monster is complaining about the US economy now
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CNBC Daily Open: Markets brace for key U.S. inflation gauge: Wall Street is bracing for a key inflation gauge that will once again test the markets.
cnbc.com/2024/03/12/cnbc-daily-open-markets-brace-for-key-us-inflation-gauge.html
CNBC Daily Open: Markets brace for key U.S. inflation gauge
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Wall Street Indices Hit New Highs After Fed Decision and Powell’s Remarks: Following the Federal Reserve's decision and Chairman Jerome Powell's press ...
riotimesonline.com/wall-street-indices-hit-new-highs-after-fed-decision-and-powells-remarks/
Wall Street Indices Hit New Highs After Fed Decision and Powell’s Remarks
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Long-term inflation expectations rise, spelling possible trouble for the Fed, survey shows
cnbc.com/2024/03/11/long-term-inflation-expectations-rise-spelling-possible-trouble-for-the-fed-survey-shows.html
Long-term inflation expectations rise, spelling possible trouble for the ...
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Fed’s Powell: Still Too Early For Interest Rate Cuts: Cutting interest rates now could result in even more painful rate hikes down the line ...
forbes.com/sites/dereksaul/2024/03/06/feds-powell-still-too-early-for-interest-rate-cuts/
Fed’s Powell: Still Too Early For Interest Rate Cuts
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Quick Glance: ECB Keeps Rates Stable: Inflation at 2% by 2025
  • The European Central Bank (ECB) kept its benchmark interest rates steady in March, anticipating a further decline in inflation. Price pressures are expected to reach the target of 2% by 2025.

  • The latest ECB staff projections suggest that inflation is projected to average 2.3% in 2024, followed by 2.0% in 2025 and 1.9% in 2026. Despite easing measures of core inflation, persistent domestic price pressures remain, partly due to strong wage growth.

  • The ECB reiterated its data-dependent approach, intending to evaluate economic data to determine the appropriate path of its policies. Market reactions to the new ECB staff projections saw a weakening of the euro against the dollar and a decrease in sovereign bond yields across the eurozone.

  • European equity indices surged, driven by heightened expectations of rate cuts following the updated ECB staff projections. Investors are eagerly anticipating statements from ECB President Lagarde, scheduled to commence at 14:45 CET.
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S&P 500 hits a new record ahead of U.S. jobs report: Gold prices also hit an all-time high after Fed chair Jerome Powell fostered expectations for lower U.S ...
fastcompany.com/91052058/sp-500-hits-a-new-record-ahead-of-u-s-jobs-report
S&P 500 hits a new record ahead of U.S. jobs report
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The Fed may wait too long to cut interest rates and spark a recession, economists say
usatoday.com/story/money/2024/02/23/fed-interest-rate-cut-delay-cause-recession/72698385007/
The Fed may wait too long to cut interest rates and spark a recession ...
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No Change In Interest Rates Expected At Fed’s May Meeting: The FOMC will set interest rates again on May 1. Rates are not expected to change ...
forbes.com/sites/simonmoore/2024/03/26/no-change-in-interest-rates-expected-at-feds-may-meeting/
No Change In Interest Rates Expected At Fed’s May Meeting
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Live updates: Markets await rate cut details from Fed Chair Powell as he testifies before Congress
cnn.com/business/live-news/markets-fed-chair-powell-testimony-03-06-24/
Live updates: Markets await rate cut details from Fed Chair Powell as he ...
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Investors were bullish late last year on when, and how quickly, the Federal Reserve would cut interest rates in 2024. New inflation data along with cautious ... Show more
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The Fed hates politics. Now it’s trying to cut rates in an election year.: The Fed is eyeing multiple interest rate cuts this year. Those moves could give some ...
washingtonpost.com/business/2024/03/06/fed-economy-election/
The Fed hates politics. Now it’s trying to cut rates in an election year.
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A plot twist threatens Jay Powell’s artful script: In the 2021 movie “Don’t Look Up,” scientists fail to persuade a gullible public that a comet will destroy ...
reuters.com/breakingviews/plot-twist-threatens-jay-powells-artful-script-2024-02-27/
A plot twist threatens Jay Powell’s artful script
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The housing market is cooling again. Here's why.: The average 30-year fixed mortgage rate is 6.9%.
abcnews.go.com/Business/housing-market-cooling/story
The housing market is cooling again. Here's why.
Quick Glance: Housing Market Sees Another Chill
  • After a period of warming up at the beginning of 2024, the housing market has experienced another cooling in recent weeks.

  • Experts attribute the downturn to a surge in mortgage rates, leading to unattainable home prices when combined with high borrowing costs.

  • The interest rate for 30-year fixed mortgages has climbed to 6.9%, rebounding from a gradual decline at the close of last year, according to a report by Freddie Mac.
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Stock news today: Mega-caps tech leads gains ahead of Fed decision: The Fed started off its two-day policy meeting. All eyes will be on Jerome Powell on ...
markets.businessinsider.com/news/stocks/stock-news-today-tech-ai-fed-interst-rate-decision-fomc-2024-3
Stock news today: Mega-caps tech leads gains ahead of Fed decision
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Insight: Bank of England forecasts in the dock as Bernanke verdict looms: When the Bank of England's chief economist was asked to explain why its forecasting ...
reuters.com/markets/europe/bank-england-forecasts-dock-bernanke-verdict-looms-2024-03-11/
Insight: Bank of England forecasts in the dock as Bernanke verdict looms