"Within the data, strong contribution continues to come from sectors that are rebounding quickly with pandemic restrictions easing," said Charlie Ripley, senior investment strategist at Allianz Investment Management.
A Reuters poll of economists published Thursday found that a majority expect the Fed to announce in August or September a reduction to its massive bond buying program, with cuts to monthly purchases beginning early in 2022.
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:
Darn it, if the formal 'PIIGS' countries aren't afraid of the dirty world, why would the mighty USA run away from inflation? Bring it on 😂
🚀🚀🚀
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street set to inch higher, 'meme' stocks extend rallyU.S. stock indexes were set to open slightly higher on Wednesday, although a lack of clear catalysts kept trading slow, with investors awaiting fresh cues from inflation data this week and an upcoming Federal Reserve meeting. Stocks n shares hedge funders your very intelligent we like your tweet Technology the killer
Source: Reuters - 🏆 2. / 97 Read more »
UBS says buy these cheap stocks with pricing power amid higher inflationNew for subscribers: UBS says buy these cheap stocks with pricing power amid higher inflation. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »
Position for longer-term inflation, investor says as stocks brush off higher consumer pricesRecent inflationary upticks are 'transitory,' but investors should be prepared for it in the long term, says Joule Financial's Quint Tatro.
Source: CNBC - 🏆 12. / 72 Read more »
Asia extends global stocks rally, U.S. bond yields fall on easing inflation fearsU.S. bond yields fell to three month lows and a broad gauge of Asian shares rose on Friday as investors saw enough one-off factors in U.S. consumer price data to back the Federal Reserve's conviction that rising inflation will be transitory.
Source: Reuters - 🏆 2. / 97 Read more »