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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 ...
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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.
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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 ...
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
Treasuries moved lower after a reading of inflation at the production level came in stronger than expected, prompting traders ...
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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 ...
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