Tag: Federal Reserve
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US consumer spending picks up; inflation rises moderately in July
WASHINGTON (Reuters) - U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing...
Futures rise, inflation data in spotlight as Fed’s September meeting nears
(Reuters) - U.S. stock index futures traded higher on Friday as investors focused on a crucial inflation report that could influence expectations about the...
2 Warren Buffett Stocks That Could Soar If the Fed Cuts Interest Rates in September
Warren Buffett hasn't fared too badly since the Federal Reserve began raising interest rates in March 2022. Shares of Berkshire Hathaway are up more...
Stocks Rebound on Nvidia’s ‘Pretty Good’ Results: Markets Wrap
(Bloomberg) -- Tech stocks bounced back from the knee-jerk selling of Nvidia Corp. as traders said the company’s results, which showed that revenue doubled...
Peter Schiff warns of a ‘crashing’ economy, calls Fed’s pivot ‘a mistake’ — but says 1 asset will go ‘through the roof’
Since the U.S. Federal Reserve started initiating consistent interest rate hikes in March 2022 to combat inflation, investors have been grappling with two key...