Goldman Sachs Reaffirms September Rate Cut Forecast, Downplays Fed’s ‘Hawkish Surprise’
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.
Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday’s Economic Digest
May producer inflation report shows less than expected rise, boosting optimism for sustained decrease in price pressures, while jobless claims rise.
Wall Street Poised To Extend Record Run On Tech Strength, Tesla Soars, GameStop Rebounds: Analyst Says ‘Bull Market Has Legs Left’
Futures trading suggests a mixed start on Thursday, with tech stocks potentially helping to weather profit-taking-induced weakness. Broadcom Inc.
Fed Holds Rates Steady: Projections Show Fewer Rate Cuts, Higher Inflation Outlook
The Federal Reserve kept interest rates unchanged for the 7th consecutive meeting, but forecasts suggest fewer rate cuts and slightly higher inflation.
Bulls Push Wall Street To Record Highs On Declining Inflation; Tech, Real Estate, Small Caps Surge Ahead Of Fed Meeting: What’s Driving Markets Wednesday?
A lower-than-expected inflation report for May ignited a bullish frenzy on Wall Street, with investors increasing their bets on rate cuts, bolstered by growing confidence that the Federal Reserve will ease its policy stance later this year as price pressures trend
How May’s Inflation Slowdown Could Influence Fed’s Next Move: Insights From 6 Economists
Inflation data showed a bigger slowdown than expected, easing concerns about high interest rates before the June FOMC meeting.
EXCLUSIVE: Federal Reserve To Hold Interest Rates Steady Wednesday? Here’s How Investors Are Bracing For The Results
Benzinga readers shared how they think the stock market will react if the Federal Reserve leaves interest rates unchanged Wednesday.
Soft Inflation Data Boosts Small Caps, Real Estate, Regional Banks; Traders Anticipate Fed Rate Cuts As Stocks React
U.S. inflation slowed in May, boosting rate cut prospects. Markets rally ahead of FOMC meeting and assign 70% chance of rate cut in September.
Wall Street On Pins And Needles As Market Braces For Fed’s Decision: Analyst Says Size And Speed Of Rate Cuts Will ‘Frustrate Investors’
The market appears poised for further gains on Wednesday, building on the strength of the S&P 500 and Nasdaq Composite, which hit record highs in the previous session.
Stocks Ease Ahead Of Wednesday’s Key Events, Apple Jumps To Record Highs, Bitcoin Tumbles To $66,500: What’s Driving Markets Tuesday?
Wall Street traded slightly in the red on Tuesday morning as markets took a cautious stance ahead of the inflation report and the Federal Open Market Committee (FOMC) meeting on Wednesday.