Daly Says Fed Can Hold Rates Steady If Job Market, Inflation Cool Further - BNN Bloomberg

Daly Says Fed Can Hold Rates Steady If Job Market, Inflation Cool FurtherBlackRock, Grain Near Phoenix Tower Stake BuyGSK Offloads Stake Worth About $1.1 Billion in HaleonMortgage Rates in the US Rise for a Fourth Week, Reaching 7.

1 Billion in HaleonSweden’s Preem Is on Track to Cut Crude Consumption From 2024Wild Week for Bond Market Spurs Record Trading Frenzy in ETFsApple Considered Switch to Search Engine DuckDuckGo From GoogleLayaway Spending to Hit a Record This Holiday as Financial Strains PersistAdobe’s $20 Billion Figma Bid Sparks EU Pricing Power QueryBlackRock, Grain Near Phoenix Tower Stake BuyPutin Says Russia May Revoke Ban on Nuclear Weapons TestsBrevan Howard Plans $750 Million Push Into Commodities...

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Good economic news translating 'into bad market results': StrategistThe U.S. labor market has been constantly at odds with the Fed's monetary policy and goals to contain inflation. 'Even by the Fed's own estimates, according to their summary of economic projections, they believe the unemployment rate's going to increase to 4.1% by the end of this year,' Hennion & Walsh CIO Kevin Mahn tells Yahoo Finance Live, breaking down the economic trade-offs resulting from the Fed's 'higher for longer' interest rate projections. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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