Federal Reserve’s Final 2023 Meeting: FOMC’s Economic Projections Crucial, Dot Plot Weeds Out Hawks, Doves
Fed expected to announce interest rate decision this Wed. Markets expect rates to settle 5.25-5.50%. FOMC will release economic projections, dot plot, & revisiting Sept. projections. Sept. projections showed 2.5% PCE inflation in 2024, 1.5% economic expansion in 2024.
Economists React To November CPI: What Lies Beneath the Surface For the Fed?
The latest Consumer Price Index (CPI) report revealed headline inflation easing slightly, core prices holding steady, and no major surprises to influence Fed decisions.
Will 2024 Be Economic ‘Turning Point?’ Central Banks Worldwide Projected To Cut Interest Rates To Avert Crisis
This anticipated change is expected to ease the burden on households and businesses struggling with high-interest costs, particularly in the U.S. and Canada.
5 ETFs To Watch When November Inflation Data Drops Tuesday
Economists predict a marginal decrease in the annual CPI inflation rate from October's 3.2% to 3.1%. Core CPI rate is expected to hold steady at 4%. Sector-specific ETFs experienced notable changes with TAN, KRE, XLRE, ARKK and GDX leading the pack.
US Stocks Show Timid Gains, While Tech Titans, Bitcoin Slip Ahead Of This Week’s Crucial Events: What’s Driving Markets Monday?
Wall Street is showing cautious gains as the new week begins, despite thetech giants often referred to as the “Magnificent 7” all trading in the red: Apple Inc. (NASDAQ:AAPL), Microsoft Corp.
Argentina’s New President Javier Milei Sets Bold Economic Agenda: ‘There Is A Light At The End Of The Tunnel’
Javier Milei swore in as Argentina's new president with a promise of radical change for the nation's economy. He inherited inflation soaring over 140%, and projected potential inflation rates reaching 15,000%. He promised to reduce government spending and improve Buenos Aires-Washington relations.
November CPI Data Takes Center Stage Ahead of Fed Meeting: Will Disinflation Excitement Persist?
Economists expect Nov CPI data to show slowest inflation rate since June & set the stage for a potential eventful Fed Dec meeting.
Federal Reserve Critical Meet On Wednesday: Will Powell Signal Rate Cuts For H1 2024?
The final policy meeting for the Federal Reserve will most likely end with the decision to hold interest rates where they are.
Genmab, AbbVie On Saturday Announced New Pivotal Data for Bispecific Antibody Epcoritamab CD3xCD20) Demonstrates High Overall and Complete Responses in Patients with Hard-To-Treat Relapsed/Refractory Follicular Lymphoma
Genmab A/S (NASDAQ:GMAB) and AbbVie (NYSE:ABBV) today announced new data from the ongoing phase 1/2 EPCORE™ NHL-1 clinical trial investigating epcoritamab (DuoBody ® CD3xCD20), a T-cell engaging bispecific