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Fed's Hammack: '2% Inflation Is Not In Sight'
Thursday, February 27, 2025 - 3:48pm | 374The Federal Reserve is expected to maintain its current interest rate policy for the foreseeable future, according to Cleveland Fed President Beth Hammack, as policymakers continue to evaluate inflation trends and labor market conditions. Hammack emphasized patience on Thursday, stating that while...
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Nasdaq, S&P Futures Sag As Downside Risks Intensify, Oil Spikes, Nike Slides: Why This Strategist Is Expecting 'Stronger' Second-Half Of October
Wednesday, October 2, 2024 - 6:59am | 1117U.S. stock futures are slipping early Wednesday after Middle East tensions and the impact of Hurricane Helene set off worries and dragged the major indices in the previous session. These added concerns sapped risk appetite that was on the wane amid the overbought levels of the market, lingering...