The March reading comes as investors have continued to scale back their expectations on when the Federal Reserve will cut interest rates in 2024, if at all.
The latest reading of the Fed's preferred inflation showed prices increased more than Wall Street expected in March.
STANFORD, CALIFORNIA - APRIL 03: Federal Reserve Bank Chair Jerome Powell looks through papers during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California. Powell spoke at the Stanford’s first Business, Government, and Society Forum with the theme of responsible leadership in a polarized world. Momentum is underway for these two Canadian stocks, and yet both still trade at share prices that are quite low given their future growth.
Robert McLister: Rising yields on the government of Canada five-year bond signal rates could be entering a new cycle of highsTrump Media CEO urges House GOP leaders to address 'potential manipulation' of DJT stock Are you looking for growth stocks? These two are proven winners with even more room to grow in the years and decades to come. The post 2 TSX Growth Stocks That Could Turn $10,000 Into $23,798 by 2030 appeared first on The Motley Fool Canada.SECTORFOCUS BLOG Oil stocks have enjoyed an impressive rally, and they are unlikely to gain much more. It starts with the price of oil.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Progress on the Fed's favored inflation gauge stalled in MarchThe March reading comes as investors have continued to scale back their expectations on when the Federal Reserve will cut interest rates in 2024, if at all.
Read more »
Beef farmers seek exemption from federal carbon price in March dominated by environment lobbyingThe Hill Times
Read more »
March inflation data 'bit of stunner' as Fed mulls over cutsMarket sell-offs (^DJI, ^IXIC, ^GSPC) fueled by March inflation data are pushing stocks lower as the Dow Jones Industrial Average has fallen by over 400...
Read more »
U.S inflation rises in March, could ‘undermine’ Fed’s confidence for rate cutsU.S. consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday.
Read more »
March Inflation Data to Prolong Drama Around Fed Rate-Cut TimingA monthly report on consumer prices due Wednesday is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts, with forecasters expecting some moderation following elevated inflation readings at the start of the year.
Read more »
NY Fed finds mixed outlook for inflation expectations in MarchExplore stories from Atlantic Canada.
Read more »