More from Fed’s Musalem: Baseline is inflation will take longer to come down
Baseline Outlook is that inflation will take longer to come back down to target.Sees risk that inflation may not conv ...
Tech sector rebounds as Oracle and Microsoft lead the charge
Sector OverviewToday’s market heatmap reveals a robust performance in the Technology sector, driven largely by ...
Feds Musalem: Caution warranted in the face of upward inflation pressures
St. Louis Fed Pres. Musalem is speaking and he says:Fed’s real policy rate is below the long-run neutral rate, longer ...
Axios: US and Iran have reached a tentative 60-day Memorandum of Understanding
Axios reports the U.S. and Iran have reached a tentative 60-day memorandum of understanding (MOU) to extend the cease ...
US new home sales for April 0.622 million versus 0.665 million estimate
Prior month 0.682 million revised to 0.663MNew home sales 0.622M vs 0.665M estimate.New Homes sales down -6.2% vs +3. ...
USDCAD stretches to topside swing level target and backs off.
The USDCAD has moved lower after trading to its highest level since April 13. The pair peaked at 1.3869 on two separa ...
More from Feds Williams: We have a solid US economy.
More from NY Fed Pres. Williams:We have a solid US economyCharacterizes the labor market as doing wellsays that AI wi ...
Treasury Secretary Bessent: Have sanctioned Iran’s Persian Gulf strait authority
Treasury Secretary Bessentt is announcing some economic sanctions against Iran in what he terms the economic fury cam ...
Feds Williams: Higher productivity rates can raise real interest rates
New York Fed president Williams is speaking: higher productivity rates can raise real interest rates.Shifts in produc ...
US April durable goods orders +7.9% vs +3.5% expected
Prior was +0.8% Durable goods orders ex-transport xx% vs +0.5% expectedPrior ex-transport +0.9% Durable goods ex-defe ...
US Core PCE for April YoY 3.3% vs 3.3% estimate. MoM 0.2% vs 0.3% estimate
Prior month YoY Core PCE 3.2%, headline 3.5%Core PCE YoY x.x% vs 3.3 est. Core PCE MoM x.x% vs 0.3% estHeadline PCE Y ...
US initial jobless claims 215K vs 211K expected
Prior was 209KContinuing claims 1786K vs 1780K expectedPrior was 1782K The data has been pointing to a resilient and ...