Futures extend gains after March PCE data
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- Wall St futures mixed ahead of CPI, bank earnings; US-Iran tensions in focus
- SK Hynix’s record plunge drags down global chip stocks
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- Ditching streaming could boost Disney stock by 40%, Wells Fargo says
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
- Goldman Sachs Upgrades NIO (NIO) to Buy
- IBM misses Q2 targets as mainframe and software sales disappoint
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- BofA Securities on AppLovin: 'Current valuation appears reasonable'
- YPF Energía Eléctrica S.A. files for proposed NYSE IPO
No rate cuts by the Federal Reserve until 2025?
April 26, 2024 9:41 AM EDTThe CEO of one of the world's largest independent financial advisory and asset management organizations is warning that there's a legitimate risk of no US interest rate cuts by the Federal Reserve this year.
Nigel Green of deVere Group issued the caution as the Federal Reserve's primary inflation gauge, the core PCE (personal consumption expenditures) price index, rose to 2.7%, exceeding expectations of 2.6%. Core PCE inflation also reached 2.8%, surpassing the anticipated 2.6%.
"This data represents another blow for the Federal Reserve and its battle against inflation," comments the deVere CEO. "The latest reading from the Fed's preferred gauge, PCE,... More
