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Bull Case Fizzles for Big US Banks to Earn Ever-More on Lending
Investors who plowed into shares of the largest US banks in recent months, hoping that slow Federal Reserve rate cuts would keep goosing profits, are getting a reality check.
Published on Apr 12, 2024 09:56 PM IST
Bloomberg |
Fed’s Main Inflation Gauge to ‘Calm Some Nerves’ After CPI
The Federal Reserve’s preferred inflation gauge is set to come in softer than another report this week on consumer prices that rocked financial markets.
Published on Apr 11, 2024 09:16 PM IST
Bloomberg |
US consumer inflation accelerates to 3.5% in March, dashing hopes of a rate cut
Federal Reserve may be wary of an early interest rate after spike in inflation figures
Published on Apr 10, 2024 06:32 PM IST
AFP |
State Street Sees Half-Point Fed Rate Cut as Soon as June
State Street Global Advisors is bucking the recent hawkish shift in market consensus to bet that the Federal Reserve will cut interest rates by 50 basis points as soon as June.
Published on Apr 09, 2024 04:43 PM IST
Bloomberg |
JPMorgan CEO Jamie Dimon warns US inflation may lead to higher interest rates
JPMorgan Chase CEO Jamie Dimon maintained his view that inflation could be more persistent than markets expect, prompting interest rates to stay higher.
Updated on Apr 08, 2024 07:38 PM IST
Reuters | Shweta Kukreti