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There are a few reasons that the 10-year has advanced so quickly since last year, when it sat around 4%: Strong economic growth and elevated inflation tend to push yields higher.
The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
An acceleration in inflation also likely won’t change the Fed’s calculus for loosening monetary policy, Schneider told CNN. The central bank is widely expected to cut its key benchmark lending ...
This is The Takeaway from today's ... the 4.5% threshold as a key indicator for when the rising 10-year yield could weigh on equities. ... is truly waiting for bad economic news to heal its higher ...
Key insights on the economy from Bankrate’s Q2 2024 Economic Indicator poll ... Even with some not-so-good news on inflation at the start of the year, most economists (88 percent) still expect ...
The US economy added 206,000 jobs in June, lower than a downwardly revised tally of 215,000 jobs in May, and the unemployment rate topped 4% for the first time since November 2021. New ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Just 10 days ago, anxious markets were freaking out about the US economy ...
In June, the US economy added 206,000 jobs, a slight downswing from 215,000 the month before; but the unemployment rate rose for the third month in a row to 4.1%, its highest since November 2021.