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Friday's US CPI print showed an unexpected YoY jump to 8.6% in May, extending April's 8.3% consumer price inflation rise. The accelerating increase in prices is pushing the Federal Reserve into the...
This article was written exclusively for Investing.comAnd here, we all thought that CPI was at least at a local peak. The interbank market, prior to Friday’s report, was already trading forward...
This article was written exclusively for Investing.comIt doesn't take a seasoned technical analyst to see the long-term chart of American Eagle Outfitters (NYSE:AEO) as bullish:When shares of...
This article was written exclusively for Investing.com The bearish trend in cryptos continues MARA: darling turned dog since November 2021 RIOT: a falling knife Both stocks are cheap; call options...
Economists are rapidly revising their rate hike forecasts for the Federal Reserve after the consumer price inflation print last week came in at 8.6% on the year. They now expect half-point hikes at...
Wall Street finished last week awash in red as US CPI increased more quickly than expected in May, accelerating the debate as to how much the Federal Reserve will raise interest rates in an effort to...
An eventful week for the Rand to say the least!The local unit continued to make an impressive recovery, reaching its best levels since April on Thursday morning only to give it all back by Friday...
Stocks on Wall Street tumbled on Friday, with the major averages on the Dow, S&P 500, and NASDAQ suffering their biggest weekly losses since January, after scorching hot inflation data fueled...