Gold advances as inflation data fuels Fed rate cut optimism
Gold gained on Wednesday after an inflation print came in line with expectations, boosting the likelihood of a Federal Reserve rate cut next week, while investors awaited U.S. Producer Price Index (PPI) data for further direction on monetary policy.
Inflation data paves way for more Fed rate cuts into next year, says CIO
Fresh inflation data sets the table for a Federal Reserve rate cut at its policy meeting next week and paves the way for more cuts next year. That's Whitney Watson, global co-head and co-chief investment officer of fixed income and liquidity solutions within Goldman Sachs Asset Management,
US inflation likely edged up last month, though not enough to deter another Fed rate cut
Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even though they have plummeted from their painful levels two years ago.
Fresh inflation data set to arrive as Fed weighs rate cuts
Fresh inflation data set for release on Wednesday will provide an update on prices ahead of the holidays and help determine the outcome of an interest rate decision at the Federal Reserve slated for next week.
Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?
Fed-funds futures traders are around 85% sure the Federal Reserve will deliver a rate cut of 25 basis points next week — that’s a level of confidence that’s pretty much in line with history this close to a policy decision.
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve’s plans for another rate cut. Consumer prices rose 0.
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US Consumer Sentiment Rises Along With Inflation Expectations
(Bloomberg) -- US consumer sentiment rose to the highest since April, while year-ahead inflation expectations picked up to a five-month high as Democrats saw a greater risk of price pressures ...
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US Consumer Sentiment Rises Less Than Forecast After Election
US consumer sentiment rose in November by less than previously reported, reflecting deep divisions among Republicans and Democrats about the path for the economy after Donald Trump’s ...
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US consumer sentiment ticks up, shows post-election partisan flip
Nov 22 (Reuters) - U.S. consumer sentiment ticked up for a fourth straight month in November, led by a big upswing in sentiment among Republicans following Donald Trump's victory in the ...
GBP/USD Price Forecast: Advances amid positive sentiment, bull's eye 1.2800
The GBP/USD is printing a leg-up following the over 4% loss following the US Presidential Elections, which witnessed ...
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Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers
The CFPB’s idea of using existing US law to regulate data brokers is not novel. In February 2023, a group of consumer-focused ... "As technology advances, we surmise that it will be even easier ...
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Oil settles down on weaker US consumer sentiment
NEW YORK: Oil futures prices settled slightly lower on Friday as investors weighed weaker US consumer sentiment against mounting hopes for a Federal Reserve rate cut in September. Brent crude ...
Pound Sterling Price News and Forecast: GBP/USD advances amid positive sentiment, bull's eye 1.2800
The Pound Sterling (GBP) moves higher to near 1.2770 against the US Dollar (USD) in Monday's North American session. The GBP/USD pair rises as market participants are becoming increasingly confident ...
Consumer Sentiment Hits 7-Month High, But Inflation Fears Divide Democrats, Republicans
The University of Michigan’s closely watched Consumer Sentiment Index surged to a seven-month high in December, reflecting ...