News Formal

U.S. stocks are rising as investors await key economic reports By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

U.S. stocks are rising as investors await key economic reports

The statements highlighted how carefully Powell and other Fed officials are trying to adjust the levers of monetary policy to corral price gains without causing a meltdown in the wider economy.

There is an 80% chance that the Fed will maintain borrowing costs at a range of 5.25% to 5.50% at its next meeting in September, according to Investing.com's. Meanwhile, the probability of a quarter-point hike at its November gathering stands at just under 50%, moving up from about 35% last week. The Fed will have a chance to gauge the path of inflation when its preferred measure of price growth, the

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Investing Club's top 10 things to watch in the stock market MondayStocks are set to open the new week slightly higher, while Club name Danaher (DHR) plans to acquire life-sciences company Abcam (ABCM).
Source: CNBC - 🏆 12. / 72 Read more »