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Fed Dot Plot Is Set to Offer Glimpse of Rate-Cut Resolve
(Bloomberg) -- Investors may glean more on the Federal Reserve’s resolve to ease monetary policy when US policymakers update their forecasts for interest rates Wednesday for the first time in three months.Most Read from BloombergPutin Is Running Out of Time to Achieve Breakthrough in UkraineThere’s Still a Way to Snag a 3% Mortgage RateSingapore Retail Tycoon’s Son Seeks $62 Million Mansion SaleSaudis Said to Hand About 60% of Aramco Offer to ForeignersHere’s Everything Apple Plans to Show at It
Bloomberg•Trump Tax Cuts Expire Next Year. Investors, Pay Attention.
Extending the tax cuts could cost $4 trillion, by some measures. Allowing them to expire could have other negative consequences. What to watch.
Barrons.com•He came to Florida in search of a 'panacea' — now he's leaving due to 'ugly' politics and 'skyrocketing' costs
Has the Sunshine State lost some of its shine?
Moneywise•This week in Bidenomics: Please stop hiring
If Biden had his way, he might wave a wand and rapidly cool the hot labor market — because it would bring inflation down faster.
Yahoo Finance•Why the Dow brushed off surging Treasury yields after a hot May jobs report
Treasury yields are jumping, but stock-market investors appear unfazed by a hot May jobs report.
MarketWatch•US economy adds more jobs than expected in May as unemployment rate ticks higher
The headline jobs number came in hotter than expected, highlighting the Fed's difficulty in determining when to cut interest rates.
Yahoo Finance•Stock Market News for June 7, 2024
Stock markets ended mixed on Thursday as market participants digested economic data, indicating a potential slowdown in the labor market.
Zacks•Biden's job tally has now topped 15.6 million. Voters haven't cared so far.
Another employment report buffeted Biden's jobs record. What remains to be seen is if voters give him credit.
Yahoo Finance•Surprise jobs report pummels Fed rate-cut bets
A surprisingly strong May jobs report added to market concerns that inflation pressures in the world's biggest economy remain elevated.
TheStreet•Inflation, Fed meeting to give clues for US market direction
Investors will closely watch next week’s inflation numbers and Federal Reserve meeting for clues on whether the soft landing hopes that drove stocks to record highs are still justified. This year's rally has lifted the S&P 500 up more than 12% year-to-date, on expectations the Fed can cool inflation without hurting growth. May inflation data, due next Wednesday, must walk a tightrope to satisfy expectations of a "Goldilocks economy": satisfactory growth with prices under control.
Reuters•