[ad_1] US CPI Data Live Updates: US inflation data for February 2025 will be released today, with markets bracing for volatility. A hotter-than-expected CPI could delay Fed rate cuts, while a lower reading may spark a rally. Stay tuned for live updates! Global markets are on edge ahead of the US inflation data release for […]
Bitcoin rallies past $84K as US inflation cools, focus shifts to Fed policy – CNBC TV18
[ad_1] Bitcoin (BTC) surged past $84,000 on Wednesday after US inflation data showed a sharper-than-expected decline, reinforcing hopes that the Federal Reserve may ease monetary policy sooner than anticipated. The US Consumer Price Index (CPI) rose 2.8% YoY in February, down from 3% in January, and below the market forecast of 2.9%, according to the […]
US Market Fall: Dow Jones falls nearly 500 points; S&P 500 enters ‘correction territory’ – CNBC TV18
[ad_1] The sell-off in US equities continued on Tuesday, as did the constant flip-flop in the country’s trade policy, which has rattled markets and consumer confidence alike in the recent past. The Dow Jones fell nearly 500 points on Tuesday, taking the two-day drop to 1,400 points. The S&P 500 fell 0.8%, while the Nasdaq […]
US CPI Data LIVE Updates: January data to be released today, markets brace for impact
[ad_1] US CPI Data LIVE Updates: The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) data on February 12 at 8:30 AM Eastern Time (7 PM Indian Standard Time). US CPI Data LIVE Updates: The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) […]
Nasdaq closes above 20,000 for the first time as CPI data cements Fed rate cut bets – CNBC TV18
[ad_1] The Nasdaq Composite was an outperformer on Wall Street during Wednesday’s trading session as all big-tech, barring Apple, took the index past the 20,000 mark and to a new record high as well. Company Value Change %Change The tech-heavy index gained 1.8% in mid-week trading, while the S&P 500 added 0.8%. The Dow Jones […]
The 2007 rate cutting cycle too began on Sep 18, four months before the Great Recession – CNBC TV18
[ad_1] The August 2024 employment report showed that the US labour market had cooled more than expected. Bond yields show that traders are bracing for a recession. Even the New York Fed’s probability model suggests a 61.8% chance of a recession in the next 12 months. That’s the highest since the 1980s. Are we headed […]
Asian stocks edge higher as US inflation data calms Wall Street – CNBC TV18
[ad_1] Asian equities edged higher early Thursday after in-line US inflation data calmed market jitters on Wall Street as traders prepare for Federal Reserve rate cuts next month. Shares in Japan rose after economic growth data exceeded forecasts, while stocks in Australia also advanced. The S&P 500 closed 0.4% higher Wednesday, while the Nasdaq 100 […]