Stock markets had their best week of 2024 as new economic data helped ease recession fears. For the week, the S&P 500 (^GSPC) gained nearly […]
Tag: Federal Reserve
5 important lessons for investors after this week’s wild stock market rally
Investors have had a wild ride this week, with the S&P 500 falling from its biggest One-day loss in almost two years its best performance […]
How home inflation could cause even bigger headaches for the Fed
July’s Consumer Price Index (CPI) data was in line with expectations, reinforcing the likelihood of a Federal Reserve rate cut in September. In light of […]
Without interest rate cuts, consumers could become angry
If the US Federal Reserve does not lower interest rates soon, this could unsettle consumers. That is accordingly Bank of America Managing Director Brian Moynihanwho […]