Market Update
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May 17, 2024
Inflation Data Boosts Hopes for Fed Rate Cuts by Year-End
Sticky inflation remains the key obstacle to the Federal Reserve cutting interest rates, but Wednesday's inflation data offered encouraging signs. The Core Consumer Price Index (CPI) for April rose by 0.3% month-over-month and 3.6%...
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Calm Economic Week Leads to Looking Ahead
May 10, 2024