Hot Core PCE at 2.7% Pressures Fed, Delays Rate Cut Hopes
Core PCE rose to 2.7%, pressuring the Fed’s rate path. Hot inflation data cuts rate-cut hopes, impacting USD, yields, and
Core PCE rose to 2.7%, pressuring the Fed’s rate path. Hot inflation data cuts rate-cut hopes, impacting USD, yields, and
Nike stock slipped after beating Q4 estimates, as traders remain cautious on its turnaround and the retail forecast across US
Philly Fed survey shows continued weakness in factory activity as job losses rise and new orders soften, signaling a bearish
Adobe beats Q2 forecasts with $5.87B in revenue. AI tools drive growth, but shares dip. Is now the time to
U.S. CPI rose just 0.1% in May, missing forecasts. Core inflation slowed, supporting a dovish Fed stance and lifting bond
U.S. job growth beat expectations in May, but weak labor force participation and falling federal jobs raise doubts about the
U.S. private payrolls rose by just 37K in May, signaling labor market weakness. Job growth lags, but wage gains hold
Durable goods orders dropped 6.3% in April as transportation fell 17%. Core demand held steady, offering traders a mixed signal
EIA reports surprise crude inventory build and weak oil demand, shifting short-term crude oil outlook to bearish. Traders brace for
Target cuts its full-year sales forecast as tariff pressures, weak spending, and backlash over DEI rollbacks weigh on performance and
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