Fed holds rates steady and notes progress on inflation
Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target. Source
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Jerome Powell
Markets now pricing in three rate cuts before the end of the year following better inflation news
Market pricing now indicates that the Fed will start cutting in September and move again in November and December. Source
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Small caps are finally getting their moment in the sun. Here’s why managers think the rally can last
Small caps have underperformed for roughly the past decade, but they have typically done better historically. Source link
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Gold prices extend gains to hit new record on Fed rate cut optimism
Gold prices continued to notch a new record on Wednesday, lifted by increasing optimism of a September interest rate. Source
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Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Monday was Powell's first public speaking appearance since the consumer price index report for June showed cooling inflation. Source link
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JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.
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Europe markets reach 1-month high; Ericsson soars 8%
European stocks opened higher Friday, defying a broader global selloff, with fresh inflation data set to land. Source link
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Key inflation report looms on Thursday as traders grow more confident in Fed rate cut
The June consumer price index will be released on Thursday, with traders eyeing September for the Federal Reserve's first rate
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Fed Chair Powell says holding rates high for too long could jeopardize economic growth
Setting the stage for a two-day appearance on Capitol Hill, the central bank leader said the economy remains strong as
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