Datastrong

Inflation Data: US Stock Futures Soar as Key Fed Inflation Data Reveals Prices Rose at Slowest Pace Since March 2021

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New York, NY – US stock futures saw a rise on Friday due to a decrease in inflation, as investors also digested the aftermath of the recent Biden-Trump debate. The S&P 500 futures surged by approximately 0.3%, moving closer to its record high, while Nasdaq 100 contracts climbed by 0.4%. Meanwhile, Dow Jones Industrial Average futures remained steady. Investors are looking forward to a positive end to a turbulent week that witnessed the S&P 500 …

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Inflation Data Needed Before Rate Cut, Fed’s Waller Emphasizes – More On the Horizon?

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Washington, D.C. – Federal Reserve Governor Christopher Waller stated today that he is closely monitoring inflation data and would like to see sustained positive trends before considering a change in interest rates. Waller emphasized the importance of strong economic indicators and stable labor market conditions before adjusting monetary policy. Waller’s cautious approach reflects the Federal Reserve’s commitment to maintaining a balanced economic environment. He highlighted the need for consistent improvements in inflation data over several …

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