Will Friday’s PCE Inflation Release Raise Traders’ Bets of Further Fed Rate Hikes?
The personal consumption expenditure (PCE) price index, the Federal Reserve's favored gauge of inflation, will be announced on Friday, May 26.
‘Lawmakers Near Deal On Energy Permitting In Debt Ceiling Talks’ – Washington Post
https://www.washingtonpost.com/climate-environment/2023/05/25/energy-permitting-reform-debt-ceiling/
Lawmakers are nearing a modest deal on overhauling the nation’s permitting process for energy projects as part
Unemployment Claims Fall Short Of Expectations Signaling Tight Job Market; Q1 GDP And Core PCE Revised Higher
The U.S. job market continues to display strength and durability, while both the U.S.
Stocks Sell Off Post-FOMC Minutes: Traders Anticipate June Fed Pause, July’s Hike Uncertain
Wednesday was a risk-off session in markets, with stocks resuming their downtrend following the publication of the May FOMC meeting minutes.
Fed May Not Be Done Hiking Interest Rates, Missing the Debt Ceiling Deadline Will Cause Disruptions: FOMC Minutes
The minutes of the May 2-3 FOMC meeting revealed uncertainty about how much more policy tightening may be appropriate, with some FOMC participants warning that a failure to raise the federal debt limit in a timely manner will threaten significant financial system disruptions and lead to
European Stocks Slip As UK Inflation Accelerates, Central Bankers Remain Hawkish
Negative news flows are trickling out of Europe ahead of Wall Street's opening bell on Wednesday.
All European stock indices traded deeply in the red, as investors panicked after a fresh acceleration of inflation in the U.K. and a deadlock in U.S. debt limit discussions.
‘Blackrock Bond Chief Rieder Says U.S. Economy In ‘Much Better Shape’ Than Doomsayers Say’ – CNBC
https://www.cnbc.com/2023/05/23/economy-good-shape-blackrock-rieder.html#:~:text=%E2%80%9CI%20think%20the%20U.S.%20economy's,before%20being%20deployed%2C%20he%20said.Resilient government, consumer spending, improving
‘Biden Administration Pushes To Save Key Covid Programs In Debt Ceiling Talks’ – New York Times
https://www.nytimes.com/2023/05/23/us/politics/biden-debt-ceiling-covid.htmlBiden administration officials were working on Tuesday to preserve funding for key components of the federal coronavirus response in
‘Ron DeSantis Will Launch His 2024 Bid On Twitter Spaces With Elon Musk; The Florida Governor Will Announce He Is Running For President On Twitter Wednesday Evening In A Conversation With Musk’ – NBC
https://www.nbcnews.com/politics/2024-election/ron-desantis-presidential-bid-campaign-elon-musk-rcna85288
Saudi Energy Minister Warns Oil Short Sellers ‘They Will Be Ouching’ Ahead Of OPEC+ Meeting
Saudi Energy Minister, Prince Abdulaziz bin Salman, warned oil speculators to exercise extreme caution in order to avoid being squeezed by the OPEC+ as was the case in April when the cartel enacted an unexpected