President Trump launches a new cryptocurrency of his own; and the Federal Reserve might finally make interest rate cuts. One America’s Zach Petersen has The Scoop on the Week Ahead.
Read More The Week Ahead 9/16 – 9/27Tag: Federal Reserve
US import prices post largest drop in eight months
Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.
Read More US import prices post largest drop in eight monthsFed expected to deliver quarter-percentage-point rate cut next week
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.
Read More Fed expected to deliver quarter-percentage-point rate cut next weekReport: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed
Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.
Read More Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From FedNasdaq, S&P gain on megacap boost in lead up to inflation report
The S&P 500 and the Nasdaq rose on Tuesday as most megacap stocks gained, with focus now moving to key inflation data later this week.
Read More Nasdaq, S&P gain on megacap boost in lead up to inflation reportU.S. Economy Added 142K Jobs In August, Falling Below Expectations
The latest job growth report showed that job additions in August increased but missed economists’ estimates, with the unemployment rate staying nearly the same.
Read More U.S. Economy Added 142K Jobs In August, Falling Below Expectations
