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Tag: U.S. central bank

A man shops for produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

Markets underestimate risk of inflation re-accelerating, says PIMCO

Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.

Read More Markets underestimate risk of inflation re-accelerating, says PIMCO
FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook

Goldman Sachs raised its year-end target for the benchmark S&P 500 citing an improved earnings outlook for the index companies.

Read More Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook
A "now hiring" sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, U.S., September 1, 2022. REUTERS/Brian Snyder/File Photo

US job growth accelerates in December; wage gains solid

U.S. employers hired more workers than expected in December while raising wages at a solid clip.

Read More US job growth accelerates in December; wage gains solid
A "sold" sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo

US new home sales fall more than expected in October

Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.

Read More US new home sales fall more than expected in October

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