Tesla, Google, Oracle, and Biden Tax Hikes Headline Financial Markets on Nostr: Latest US Inflation Report May Provide Insights into Future Prices and Interest Rates ...
Latest US Inflation Report May Provide Insights into Future Prices and Interest Rates
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#5eb626c0 ver:0.76
Investors await the latest US inflation report, which may impact future interest rates. Analysts estimate a dip in year-over-year inflation to 3.4% in April, with core inflation at 3.6%. Rising rents and auto insurance contribute to persistent inflation. The Federal Reserve aims for 2% inflation but is uncertain about reaching the target. The stock market has rallied on better-than-expected earnings and hopes for Fed easing. Consumer price data on Wednesday will provide further clarity. A stronger-than-expected inflation reading could dampen optimism and undermine stocks and bonds. #inflation #interestrates #economy...
#newstr #UsInflation #Prices #InterestRates #FederalReserve
https://here.news/story/5eb626c0?ver=0.76
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#5eb626c0 ver:0.76
Investors await the latest US inflation report, which may impact future interest rates. Analysts estimate a dip in year-over-year inflation to 3.4% in April, with core inflation at 3.6%. Rising rents and auto insurance contribute to persistent inflation. The Federal Reserve aims for 2% inflation but is uncertain about reaching the target. The stock market has rallied on better-than-expected earnings and hopes for Fed easing. Consumer price data on Wednesday will provide further clarity. A stronger-than-expected inflation reading could dampen optimism and undermine stocks and bonds. #inflation #interestrates #economy...
#newstr #UsInflation #Prices #InterestRates #FederalReserve
https://here.news/story/5eb626c0?ver=0.76