City Powell, county Jerome Financial News

14.03 / 10:09
markets UPS economy Trade track reports Dollar gains ahead of PPI release; euro seeks ECB clues
Investing.com — The U.S. dollar edged higher in European trade Thursday, retaining recent strength ahead the release of more cues on U.S. interest rates in the form of producer inflation and retail sales data. 
14.03 / 10:05
CBDC Digital central bank digital currency show stage country Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study
An Atlantic Council study published Thursday showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020.
13.03 / 20:11
markets COST UPS wellness reports Headlines inflation data Gold Could Be Heading to New Highs Despite Hotter-Than-Expected Inflation Data
Gold and silver were looking to bounce back following the CPI-related drop on Tuesday, in a relatively quieter day for data and with the Fed in the blackout period ahead of next week’s FOMC meeting.
13.03 / 16:39
markets Target security Sustainability Experts reports testing Bears tighten grip on D-Street: Nifty 50, Sensex log worst session in 2 months; small, midcaps' worst in 2 years
US inflation data has raised concerns that Jerome Powell-led US Federal Reserve may postpone cutting interest rates in June over achieving its inflation target of two per cent. This also led foreign investors dumping Indian shares today with the total outflow by foreign institutional investors (FIIs) coming in at ₹4,595 crore, according to NSE data. Domestic institutional investors (DIIs) instead bought ₹9,094 crore in Indian equities, but that could not stabilise the larger selling pressure today witnessed across counters.
13.03 / 13:41
markets Provident Target ETF Opinion reports Headlines Despite June Easing Bets, There Is Growing Risk We Won’t See Rate Cuts Until 2025
Don’t expect the Federal Reserve to cut interest rates anytime soon as sticky inflation seems to be very much intact at this point.
13.03 / 11:21
markets COST economy performer Why one junk bond bear is steering clear of the asset class
Junk bonds are beating less risky debt almost everywhere in 2024, but a Vontobel Holding AG strategist says he’s steering clear of the asset class. 
13.03 / 02:09
markets Target Research Trade President Experts recommendations Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 13
Buy or sell stocks for today: Frontline indices Nifty 50 and Sensex settled flat the previous day in a highly volatile session, driven by select gains in heavyweights including HDFC Bank, Reliance Industries, and Tata Consultancy Services (TCS). On the other hand, the domestically-focused midcaps and smallcaps suffered massive losses over stretched valuations.
12.03 / 17:41
markets CEO JPMorgan Strategy economy Election pandemic JPMorgan CEO Jamie Dimon Warns on US Recession Risk and Fed's Rate Strategy
Quiver Quantitative — Jamie Dimon, CEO of JPMorgan (JPM), recently expressed caution about the U.S. economic outlook, suggesting that a recession could still be a possibility. Speaking at the Australian Financial Review Business Summit, Dimon remarked that while many are expecting a soft economic landing, the chances of such an outcome might be lower than anticipated. He voiced concerns about stagflation, a scenario where inflation and unemployment rise simultaneously while economic growth stalls. Dimon’s comments come at a time when economic indicators have been skewed due to the Covid-19 pandemic, leading him to advise the Federal Reserve to wait for more clarity before cutting interest rates.
12.03 / 14:15
UPS DOW NVIDIA Food performer U.S. stocks open mostly higher after hotter-than-anticipated CPI data
Investing.com — U.S. stocks opened broadly higher on Tuesday, as investors reacted to a faster-than-anticipated U.S. inflation reading. 
12.03 / 11:14
markets Provident Action Align trends Cycling reports NOT Gold Might Not Stop at ATH: Pullback to This Level Could Trigger New Buying Frenzy
Gold prices soared to historic highs this month, and it looks like the bulls may not be done rallying yet.
12.03 / 11:13
markets UPS Target DOW wellness Bitcoin reports Stock Market Today: Dow ekes out gain ahead of key inflation report
Investing.com — The Dow eked out a gain Monday, as investors looked ahead to upcoming inflation data that will likely shape the Federal Reserve's interest rate outlook. 
12.03 / 08:23
Citi Target Progressive Food President show reports February inflation report expected to show another 'strong' monthly increase
Former Kansas City Federal Reserve Bank President Thomas Hoenig reacts to Jerome Powell saying the Fed is not ready to start cutting rates on 'Cavuto: Coast to Coast.'
11.03 / 18:09
markets UPS Digital ETF MicroStrategy Trade Bitcoin dencun upgrade Cryptocurrency Market News: Bitcoin Blows Past $72K, Ether Up On Dencun Upgrade Optimism
Bitcoin (BTC) soared past yet another price milestone, crossing $72,000 this morning on the back of the price momentum from last week where it made two all-time highs. Meanwhile, ether climbed steadily past $4,000 amid optimism around lower fees after the highly-anticipated Dencun upgrade for the Etherum network—which will help improve transaction processing speeds at scale—this Wednesday.
11.03 / 15:37
COST UPS Citi Target President reports Americans expect high inflation to linger in latest New York Fed survey
Former Kansas City Federal Reserve Bank President Thomas Hoenig reacts to Jerome Powell saying the Fed is not ready to start cutting rates on 'Cavuto: Coast to Coast.'
11.03 / 13:07
markets Target Puzzle Bitcoin folk reports testing US futures retreat ahead of data-heavy week
US equity futures started off a data-heavy week on the backfoot before a key report on US inflation that will test the resolve of a bull market riding on bets that Federal Reserve Chair Jerome Powell and his colleagues are moving closer to a pivot to easier policy.
11.03 / 09:37
economy Trade Cycling show track reports inflation data Dollar unloved ahead of key US inflation data; euro near eight-week high
Investing.com — The U.S. dollar slipped lower in early European trade Monday, trading near two-month lows ahead of the release of key U.S. inflation data for more clues over the timing of the start of the anticipated Federal Reserve rate-cutting cycle. 
11.03 / 09:37
markets economy Nikkei Trade show track European stocks retreat, continuing global selloff; Currys slumps
Investing.com — European stock markets fell Monday, continuing the losses seen in Asia overnight after Friday's weakness on Wall Street, ahead of the release of key U.S. inflation data.
11.03 / 08:47
markets DOW NVIDIA Trade Bitcoin inflation data Futures lower, inflation data this week, new Bitcoin high - what's moving markets
Investing.com -- U.S. stock futures point lower, suggesting a negative start to the week for equities. Markets are turning their gaze to key monthly U.S. inflation data on Tuesday, which could factor into how the Federal Reserve views the path ahead for interest rates this year. Elsewhere, gold hovers near an all-time high, while Bitcoin hits a new record peak.
11.03 / 07:21
markets Target wellness Trade show track Gold Prices Gold prices steady with $2,200 in sight; CPI awaited for more rate cues
Investing.com-- Gold prices steadied just below record highs in Asian trade on Monday, with focus turning largely to upcoming U.S. inflation data for more cues on when the Federal Reserve will begin cutting interest rates. 
11.03 / 03:07
Remark WhatsApp show reports Rate Cut Gold hovers near record high on bets of early rate cut
Gold prices rose on Monday, and hovered near a record peak hit in the previous session, as remarks from Federal Reserve Chair Jerome Powell and U.S. economic data last week cemented hopes for a rate cut in June. FUNDAMENTALS

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