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In corporate news, quarterly results from ... (-1.8% expected, 4.1% prior); Conference Board Consumer Confidence, November (112.5 expected, 108.7 prior); Richmond Fed manufacturing index ...
In corporate news, a slew of S&P 500 companies are expected to report quarterly results headlined by Meta , Microsoft , Alphabet (GOOGL, GOOG), Tesla , and Chipotle . The Fed's preferred inflation ...
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year — stickier inflation data aside — and hinted at slowing down the pace of rate cuts.
A fresh check on prices. Inflation's trajectory remains crucial to the Fed's rate-cutting timeline, and markets will get an update on any progress on Friday with the release of the Personal ...
Friday morning will bring investors the May reading on the Personal Consumption Expenditures (PCE) price index, the Fed's preferred inflation measure, which should show prices on a "core" basis ...
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, U.S., November 2, 2022. ... (0.10 during prior month); Richmond Fed Manufacturing Activity Index ...
The Federal Reserve is living by that precept. ... is nowhere near the 7.1% headline inflation we saw in June 2022 but does remind us that the job is not yet done,” Richmond Fed President Tom ...
A blowout earnings report from AI darling Nvidia sent stocks to record highs last week.New inflation data will test that rally in the coming days. The S&P 500 and Dow Jones ended the week up about ...