Skip to content Skip to sidebar Skip to footer

Fed Chair Sees ‘Significant Progress’ on Inflation. What Does That Mean?

KEY TAKEWAYS Federal Reserve Chair Jerome Powell told a European banking conference the U.S. has made ‘significant progress’ on inflation. However, he said he wanted more data before moving to cut interest rates. Powell didn’t offer a timeline for interest rate cuts. While inflation is likely to continue to trend lower, it likely won’t reach…

ByPexecoJuly 9, 20240Comments

Economic Calendar

What To Expect in the Markets This Week 17-21JUN2024

KEY TAKEAWAYS Markets, federal offices, and most banks are closed Wednesday for the Juneteenth national holiday. Several Federal Reserve officials are scheduled to comment after last week’s interest rate decision and updated economic forecasts. Earnings reports from homebuilders Lennar and KB Home are scheduled close to several housing-market indicators, including existing home sales and housing…

ByPexecoJune 16, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

Fed Chair Sees ‘Significant Progress’ on Inflation. What Does That Mean?

What To Expect in the Markets This Week 17-21JUN2024