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‘more good data’ would boost case for rate cuts

Federal Reserve Chairman Jerome Powell told Congress that the U.S. economy is “no longer overheating” and that the job market has “cooled significantly” from pandemic-era extremes and is in many ways back to where it was before the health crisis, suggesting the case for lowering interest rates is strengthening. “We’re well aware that we now […]

Fed’s Powell says more ‘good’ inflation data would bolster case for rate cuts

Strategas’ Jason Trenerth says it’s hard not to get involved in the stock market on “Maria Bartiromo’s Wall Street.” Chairman of the Federal Reserve System Jerome Powell He said Tuesday that policymakers were encouraged by recent data suggesting inflation was receding, and continued progress would strengthen the case for cutting interest rates. “The data for […]

Ohio testing data integrity program on elections statewide

A pilot program targeting the accuracy of Ohio’s voter rolls is currently rolling out across the state. Secretary of State Frank LaRose recently announced a new voter data integrity program that began in six counties and is now expanding statewide. The program uses county-specific digital dashboards to identify voter registration discrepancies. Ohio is testing a […]

Gold Prices Forecast: Can CPI Data Ignite Rally to New Record High? – FX Empire

Future Catalysts Next week’s trading will likely depend on the Consumer Price Index (CPI) report for June. Economists expect the headline CPI to rise 0.2% and the core CPI to remain unchanged. A weaker-than-expected inflation reading could bolster expectations of a rate cut. Fed Chairman Powell’s two-day congressional testimony, which begins on Tuesday, will be […]

AUD/USD pops a little on better than expected data – ForexLive

High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]