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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.
Why hotter-than-expected wholesale prices make the Fed’s September rate cut decision harder
A hotter-than-expected wholesale inflation report just made the Federal Reserve’s decision regarding a September rate cut even harder, raising questions of whether higher prices for businesses will be passed on to consumers,
Here's what new data from the producer price index says about where inflation is headed, according to economists.
The July Producer Price Index rose 0.9% M/M, miles ahead of the 0.2% increase expected and June's unrevised flat reading.
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...
2don MSN
Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play
Someone has to pay the cost of higher U.S. tariffs — and part of the cost finally appears to be falling on consumers. A key ...
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
WASHINGTON (AP) — U.S. inflation was unchanged in July while a measure of underlying inflation rose to its highest level in ...
Consumer prices, which rose 3.2% last month compared with July 2024, was smaller than June's 3.5%, according to the federal ...
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