Philly Fed Index Weaker In July

Philly Fed Index Weaker In July

BING NEWS:
  • Why Did the Stock Market Crash After the Fed Cut Interest Rates Last Week?
    The Fed has now cut interest rates three times since September due to a decline in the rate of inflation and some modest weakness in the jobs market. Lower rates are usually good for stocks for a ...
    12/21/2024 - 7:30 pm | View Link
  • Market Volatility Halts On Soft Inflation Data, Yet Traders Remain Wary Of Fighting The Fed: 10 ETFs Moving Friday
    Markets breathe sigh of relief as Fed's preferred inflation gauge falls below expectations, tempering concerns after hawkish pivot. Stocks see modest gains.
    12/20/2024 - 1:14 am | View Link
  • Philly Fed's manufacturing gauge slumps to 20-month low
    A gauge of manufacturing activity in the U.S. Mid-Atlantic region slid to the lowest in nearly two years in December, with new orders and shipments both contracting in an indication the factory sector ...
    12/19/2024 - 3:14 am | View Link
  • CNBC Daily Open: Thwarted expectations of more Fed cuts hammered markets
    Wednesday’s dramatic sell-off in markets is a stark reminder that forecasts influence stock movements much more than current circumstances.
    12/18/2024 - 6:31 pm | View Link
  • Weaker U.S. jobs market helps explain Fed rate cut, Powell says
    Why cut interest rates now, with the economy still strong and inflation higher than the Federal Reserve would like? Fed chief Jerome Powell got pestered with that question in his press conference on ...
    12/18/2024 - 9:52 am | View Link
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