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Fed rate hikes are creeping back into the conversation

aol.com None Wall Street has pushed back its expectations for Fed rate cuts over recent weeks. • None Larry Summers recently addressed the possibility that the next move could be a…

The Fed has a very strong case to keep rates higher for longer

finance.yahoo.com None Markets expect multiple rate cuts from the Fed in 2024, but there's still a case for them to remain high. • None The economy is growing above trend, unemployment is…

Inflation shocker hat-tips what’s next for mortgage rates

thestreet.com Twice this week, government reports did not show inflation falling as many had expected. In fact, inflation pressures were stronger than expected. There was an immediate…

Dollar steady after producer prices push back on Fed rate cut outlook

investing.com The dollar retreated on Friday amid concerns about the strength of the U.S. economy after higher-than-expected producer prices raised expectations that the Federal Reserve…

Futures muted as investors await economic data

investing.com U.S. stock index futures edged up on Thursday, a day after the reclaimed the 5,000-point mark, as a slew of economic data and commentary from Federal Reserve officials were…

Dow plunge accelerates, worst day of 2024

foxbusiness.com U.S. stocks tumbled in a broad sell-off after a hotter-than-expected inflation report may jeopardize the Federal Reserve’s plan to cut interest rates. The Dow Jones…

Bitcoin Price Drops Back Below $49,000 After Hot US CPI Data Deals Blow to Fed Rate Cut Bets

cryptonews.com Bitcoin Price Chart / Source: Adobe / LuisaThe Bitcoin (BTC) price has dipped back below $49,000, a near $1,500 turnaround from the two-year highs it hit near $50,400…

Dollar and yen battle it out as traders adjust rate bets

investing.com The dollar headed for a fourth weekly gain on Friday, pushing the yen to a 10-week low, as traders dialled back bets on how quickly the Bank of Japan might raise interest…

Nikkei Retreats After New 34-Year Peak, Hang Seng Slips

asiafinancial.com Asia’s major stock indexes saw a subdued end to the week with profit-taking and caution the watchwords for traders. Japan’s Nikkei provided the one moment of drama, hitting…

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