.
TODAY IN STOCKS: Stocks lower, bank earnings in focus; JPMorgan slips
Stocks are set to end the week lower after a hot March inflation report and mixed bank earnings reports.
Tag: US Federal Reserve (Fed), the US central bank
Gold hits new highs as markets weigh Fed rate cuts, stock market slumps
Asian stock markets were in a subdued mood on Friday, as investors pondered the Fed's path to rate cuts amid uncertainty over the U.S. inflation outlook. While U.S. Treasury yields were near five-month highs, gold rose to record highs as higher-than-expected consumer price data in midweek forced bets on a rate cut to fall. After Wednesday's shocking consumer price index, the market rushed to trim bets on easing, and now expects the Fed funds rate to fall by less than two quarter-points this year, down from the three rate cuts Fed officials predicted last month.
Stocks' best assumptions about interest rates dashed after March CPI release
Not only are the number of rate cuts diminishing in the bank's forecast, but Larry Summers warns that the odds of another rate hike have risen after March's CPI.
Asian Stocks to Fall as U.S. CPI Hits New High: Market Roundup
(Bloomberg) -- Asian stocks started the morning session lower after higher-than-expected U.S. inflation data supported the view that the Federal Reserve is likely to keep interest rates higher for longer. Bloomberg's top reads U.S. Sees Missile Attacks by Iran, Proxies on Israel Looming U.S. Slams Attack on Russian Oil-Smelting Plants as Risk to Oil Market U.S. Inflation Refuses to Bend, Adding to Worries It Will Persist China Cement Producer Halts Production After Plummeting 991TP in 15 Minutes 3T The S&P 500 was hit by the Fed's switching of the ropes and war jitters. The S&P 500 has been hit by the Fed's reversal of interest and war jitters.
Why Real Estate Stocks Suffered Today
It seems that high interest rates will continue for some time.
Why is SoundHound AI stock down today?
The inflation report for the month of March was surprisingly hot.
Analysts Revise S&P 500 Targets Ahead of Earnings Season
The S&P 500 has climbed 9% so far this year.
Stock Market Today: Traders Stay Put Ahead of Key Inflation Data Release
Stock futures were flat on Tuesday as investors waited to see if inflation picked up in March, which could delay the Fed's first rate cut.
Stock Market Today: Stocks Unmoving as Wall Street Waits for Inflation Data
Investors regrouped this week for new inflation data to test the rate cut argument and the start of the first quarter earnings season.
Gold Market Seeks Answers Behind Sudden Rise in Bullion
(Bloomberg) -- From a distance, gold's surge to record highs seems easy to explain amid a volatile geopolitical climate and an uncertain global economic outlook. The precious metal is known as a "safe haven," and it's widely believed that gold and silver prices should rise when interest rates fall - which many investors expect to happen later this year.
English 
Chinese