Name: Futures advance as softening inflation signs fan rate cut hopes
Uploaded: 2024-04-01T07:44:45-04:00
Duration: 5 min
Description: By Shristi Achar A and Shashwat Chauhan (Reuters) -Futures tracking Wall Street’s main stock indexes rose on Monday after the latest inflation print showed moderating consumer prices, bolstering hopes of an early interest rate cut by the Federal Reserve. The Commerce Department’s data on Friday showed the personal consumption expenditures (PCE) price index – the […]

Tag: softening

Futures advance as softening inflation signs fan rate cut hopes

By Shristi Achar A and Shashwat Chauhan (Reuters) -Futures tracking Wall Street’s main stock indexes rose on Monday after the latest inflation print showed moderating consumer prices, bolstering hopes of an early interest rate cut by the Federal Reserve. The Commerce Department’s data on Friday showed the personal consumption expenditures (PCE) price index – the […]

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