Williams's remarks (here, earlier) reinforce a higher-for-longer rate posture, with the Fed's preferred inflation gauge running at 4.1% in May and the 2% target...
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NYT reports the firm now looking to 2027 for its IPO. This article was written by Eamonn Sheridan at investinglive.com....
Tokyo's consumer price index is set to accelerate in June for the first time in eight months, driven by higher energy costs and lingering supply concerns tied t...
U.S. stocks ended the day with a mixed-to-firmer tone as buyers and sellers fought it out. The market was helped by strength in semiconductors and a rebound in ...
US May PCE inflation 4.1% vs 4.1% expectedUS GDP final Q1 2.1% versus 1.6% estimateUS initial jobless claims 215K vs 225K estimate. Continuing claims 1.821M vs ...
As the North American session comes to a close and the Asian-Pacific trading day begins, key technical levels in USDJPY are starting to converge.On the downside...
Reiterates monetary policy 'well positioned' for current economyExpects inflation to moderate to 3.5% this yearIf Middle East war disruptions resolved soon, wil...
Crude oil futures are settling at $71.92, up $1.58, or 2.25%, as prices continue to recover from the sharp selloff seen earlier this week.Recall that the declin...
Greg wrote a great post about the technicals for megacap tech and how they're a problem. All of Nvidia, Alphabet, Meta, Microsoft, Apple, Amazon and Tesla are l...
Comments from the Chicago Fed President:Inflation side of the mandate is clearly the problemPCE report wasn't all negativeSaw a little bit of improvement on ser...
Oil prices are higher today after the British military said a cargo ship was hit while on UN-approved route through the Strait of Hormuz.It was on a United Nati...
High yield: 4.26% (prev. 4.290%, six-auction avg. 4.076%) WI level at the time of the auction: 4.260% Tail: 0.0 basis points versus average of 0.2 basis points ...