Econ #s Archives - Page 2 of 61

2 minute read

Goldman Sachs Reaffirms September Rate Cut Forecast, Downplays Fed’s ‘Hawkish Surprise’

June 13, 12:26 PM

Goldman Sachs reiterates forecast for 2 interest rate cuts in 2024, starting in Sept. Fed's June meeting showed progress on inflation, may lead to Sept. cut.

TLT

3 minute read

Ice Cold Producer Inflation Data Sparks Economist Reactions: ‘More Data In The Correct Direction’

By Piero Cingari

June 13, 10:51 AM

Fed may consider rate cuts after disappointing producer inflation in May, which was driven by decline in energy prices and weak transportation services.

TLT

2 minute read

Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday’s Economic Digest

By Piero Cingari

June 13, 8:43 AM

May producer inflation report shows less than expected rise, boosting optimism for sustained decrease in price pressures, while jobless claims rise.

QQQ

3 minute read

Fed Chair Powell Tempers Market Excitement: ‘We Want To Gain Further Confidence’ On Inflation

By Piero Cingari

June 12, 3:50 PM

Powell dampens enthusiasm for rate cuts, says more data needed for confidence. Fed holds rates steady as labor market improves.

GLD

2 minute read

Fed Holds Rates Steady: Projections Show Fewer Rate Cuts, Higher Inflation Outlook

By Piero Cingari

June 12, 2:14 PM

The Federal Reserve kept interest rates unchanged for the 7th consecutive meeting, but forecasts suggest fewer rate cuts and slightly higher inflation.

QQQ

2 minute read

FOMC Implementation Note Issued June 12, 2024

By Benzinga Newsdesk

June 12, 2:01 PM

Decisions Regarding Monetary Policy ImplementationThe Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee in its statement on June 12,

SPY

2 minute read

Federal Reserve Issues FOMC Statement For June 12, 2024 (Link In Body)

By Benzinga Newsdesk

June 12, 2:00 PM

https://www.federalreserve.gov/newsevents/pressreleases/monetary20240612a.htmRecent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment

SPY