News list for " stronger than expected"

Analysis: The market will usher in a wave of interest rate cuts in September

While stronger-than-expected U.S. second-quarter GDP data may ease some concerns about the economy, analysts noted that a higher-than-expected 2.9 percent in the core personal consumption expenditures price index (PCE) could spell trouble for the Federal Reserve. "While this is above target, it is falling, and this, combined with strong economic growth data, eases pressure on the Fed to cut rates next week," Hargreaves Lansdown's Emma Wall said in a note. "We expect Midland...

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2024-07-25 20:48:14
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