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FOMC minutes, jobless data revisions push Fed rate cut hopes

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Manage episode 435499845 series 2876583
Innhold levert av CNBC International. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av CNBC International eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Dovish FOMC minutes and a shock revision to the jobless numbers reinforce expectations that the Federal Reserve will slash rates next month. The S&P 500 bounces back to record its highest level in 5 weeks ahead of Fed Chair Jerome Powell’s highly anticipated speech at the Jackson Hole Symposium tomorrow. Retail giant Target’s shares are 11 per cent higher after the company beat expectations as U.S. consumers continue to experience price pressures. Minnesota governor Tim Walz officially accepts the Democrat nomination for vice-president on the third day of the DNC in Chicago.

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1403 episoder

Artwork
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Manage episode 435499845 series 2876583
Innhold levert av CNBC International. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av CNBC International eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Dovish FOMC minutes and a shock revision to the jobless numbers reinforce expectations that the Federal Reserve will slash rates next month. The S&P 500 bounces back to record its highest level in 5 weeks ahead of Fed Chair Jerome Powell’s highly anticipated speech at the Jackson Hole Symposium tomorrow. Retail giant Target’s shares are 11 per cent higher after the company beat expectations as U.S. consumers continue to experience price pressures. Minnesota governor Tim Walz officially accepts the Democrat nomination for vice-president on the third day of the DNC in Chicago.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

1403 episoder

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