U.S. stocks rebounded after four days of losses as the Fed’s preferred inflation gauge met expectations and strong consumer data fueled bargain buying, lifting the Dow, S&P 500, and Nasdaq.
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[New York Stock Market - First Report]PCE in Line With Expectations—Markets Rebound to Close Higher
U.S. stocks rebounded after four days of losses as the Fed’s preferred inflation gauge met expectations and strong consumer data fueled bargain buying, lifting the Dow, S&P 500, and Nasdaq.
US Core PCE Price Index Unchanged in March, Below Expectations (Update)
Core PCE price index, Fed's preferred inflation measure, remains unchanged in March, falling short of market expectations and signaling potential shift in inflationary pressures.
U.S. February Core PCE Price Index Rises 0.4% Month-on-Month, Indicating Slowing Consumption (Comprehensive)
U.S. February core PCE price index rises 0.4% month-on-month, surpassing expectations and signaling persistent inflation pressures despite signs of slowing consumption
[New York Bond Market]U.S. Treasury Yields Rise on Risk Aversion; Lower-than-Expected PPI Seen as Bearish Factor
U.S. Treasury yields fluctuate amid risk aversion and lower-than-expected PPI data, with markets focusing on implications for Fed's preferred inflation gauge and potential rate decisions.
U.S. January Core PCE Price Index Rises 0.3% MoM, In Line with Market Expectations (Update)
U.S. January Core PCE Price Index rises 0.3% month-over-month, meeting market expectations, while year-over-year increase stands at 2.6%, aligning with Federal Reserve's inflation target
US Inflation Gauge Rises Fed Rate Cut Uncertain for December
US inflation rose to 2.3% in October, with core prices at 2.8%, complicating prospects for a Fed rate cut at the December meeting amid ongoing economic strength | TGC News
US Inflation Gauge Rises Fed Rate Cut Uncertain for December
US inflation rose to 2.3% in October, with core prices at 2.8%, complicating prospects for a Fed rate cut at the December meeting amid ongoing economic strength | TGC News
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