NEW YORK —
He suggested if higher inflation does persist, the Fed will hold rates steady “for as long as needed." But he also acknowledged the Fed could cut rates if the job market unexpectedly weakens. Traders are mostly betting on the Fed delivering just one or two cuts this year after coming into 2024 expecting. They're now also betting on a 14% probability that zero cuts will arrive, up from just 1% a month ago, according to data from CME Group.
Northern Trust slumped 4.7% after the financial services company reported weaker earnings for the start of the year than analysts expected. Johnson & Johnson sank 2% despite topping profit forecasts. Its revenue came in a whisper below expectations.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Markets today: Bonds fall and stocks waver on rate-cut pushbackTreasuries slipped while S&P 500 futures fluctuated on the last trading day of the quarter as U.S. Federal Reserve Governor Christopher Waller poured cold water on the path to lower interest rates.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »
Stock market today: Asia stocks rise with market focus on signs of interest rate cutHONG KONG (AP) — Asia stocks were mostly higher on Tuesday, with investors mainly focusing on a U.S. inflation report and what it means for interest rate...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »
Stock market today: Stocks waver as investors shake off Mideast tensions, focus on earningsWorries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »
Homebuilder stocks rise after Fed projects three interest rate cuts this yearThe SPDR S&P Homebuilders ETF rose more than 2%, higher than the S&P 500’s less than 1% gain.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »
TSX ends lower as interest-rate sensitive stocks weighThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Источник: KitcoNewsNOW - 🏆 13. / 78 Прочитайте больше »
Scotiabank analyst see ‘downside risks’ to bank stocks in a higher-for-longer interest rate backdropDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »