European Stocks Rise as US CPI Cools Before Fed Rate Decision

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

European stocks rose after the US reported slower-than-estimated inflation, encouraging traders that the Federal Reserve is likely to lower interest rates later this year, just hours before the central bank provides updated rate projections.

Carlyle’s Sandra Horbach Taking Chair Role at Key Buyout ArmMoscow Exchange Halts Dollar, Euro Trading on New US SanctionsTerraform Agrees to Pay $4.

9 BillionThe Daily Chase: Fed and CPI day in the U.S.Capital gains tax hike a start but Canada needs more revenue, IMF saysHow e.l.f. Beauty is turning social media popularity into booming salesCanada consumer confidence hits 2-year high as pessimism fallsThe Daily Chase: Jobs numbers in Canada and U.S.Statistics Canada reports country posted $1B merchandise trade deficit for AprilThe Daily Chase: Nvidia joins $3 trillion clubCanada's economy has a big productivity problem.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 83. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Markets today: U.S. stocks rise as solid Treasury sale spurs CPI betsStocks joined bonds higher after a solid $39 billion Treasury sale triggered speculation that Wednesday’s inflation reading will help make the case for the Federal Reserve to cut rates this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPIStocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Fed decision, stocks pop on cool CPI data: Yahoo FinanceCooler-than-expected inflation data for May sent stocks soaring in early trading. The headline Consumer Price Index data was unchanged month-over-month and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

JPMorgan Clients Are Piling Into US Stocks Ahead of Fed, CPIOn an unpredictable day for US monetary policy, stock traders are concerned about one thing: missing out on the next leg of a potential rally.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

S&P 500, Nasdaq reach new highs as stocks prep for Fed, CPIThe S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) cannot be stopped even on the slowest days as the two indices close at yet another set of record highs. The ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »