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Inflation Data and Crypto Craze: Stocks Poised for Fed Rate Cut Hype
Crypto Remains in the Spotlight: Investors continue to buy all things crypto. Bullish (BLSH) went public in an IPO yesterday, with its stock soaring from its offer price of $37 to $68 – an 84% gain – but shares had been as high as $118, a 219% rise. BLSH is up another 13% in premarket trading.
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12 month increase since February. On a ...
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Inflation shock: Producer prices rise more than forecast as core inflation hits 3-year high in July
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole ...
Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...
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Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play
A key measure of consumer prices in July posted the biggest increase in six months, suggesting inflation is showing some ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
Consumer prices are forecast to have risen 2.8 percent in July from a year earlier, according to a survey of economists by ...
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
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