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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 surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
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Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
Canada's main stock index edged down on Thursday, led by declines in industrials and technology shares, as ...
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
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Inflation shock: Core producer prices hit 3-year high in July in 'head-scratching' inflation surge
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
St. Louis Federal Reserve President Alberto Musalem told CNBC on Monday that tariffs are feeding through to inflation, which is running close to 3%. "Expecting most of the impact of tariffs on ...
Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
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