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Powell said high interest rates may \
⏲ 0:33 👁 1.9M
NimbleNeedles
⏲ 23 minutes 5 seconds 👁 34.7K
Sheep u0026 Stitch
⏲ 30 minutes 48 seconds 👁 386.4K
Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.<br/>On the morning of May 15, both the S&P and the <br/>Nasdaq hit all-time highs after new data suggested <br/>inflation may be easing in line with expectations.<br/>Quartz reports that the Dow Jones Industrial Average <br/>is also inching toward the record-breaking <br/>40,000 mark, which it almost hit in March. .<br/>According to the latest Bureau of Labor <br/>Statistics data, April saw the Consumer Price <br/>Index, a key gauge of inflation, rise by 3.4%.<br/>At the same time, consumer prices <br/>increased by 0.3%, slowing slightly <br/>from March's 0.4% increase.<br/>The latest data also shows that core prices, <br/>which don't include food and energy, saw the lowest <br/>increase since April of 2021, rising just 3.6%. .<br/>As a result, investors have a sense of <br/>renewed hope that the Federal Reserve will <br/>begin to cut interest rates at some point in 2024.<br/>The latest inflation data was released one day <br/>after the Producer Price Index, which <br/>measures wholesale inflation, increased 0.5%. .<br/>Over the past year, the <br/>index has increased 2.2%.<br/>Shortly after markets opened, the Dow <br/>jumped up 147 points, hitting 39,705, while the <br/>S&P 500 and the Nasdaq saw 0.5% increases.<br/>Shares in GameStop were down 30% after <br/>experiencing a boost earlier this week by <br/>the online return of investor \
⏲ 1:30 👁 1.2M
Gauge Stricklin
⏲ 48 seconds 👁 97.4K
Railway Gazette International
⏲ 25 seconds 👁 975.7K
The absence of Rahul Gandhi from Amethi in the upcoming Lok Sabha elections raises questions about the advantage it might offer to Smriti Irani. While Priyanka Gandhi's extensive campaigning in the region may boost confidence for the Congress, Smriti Irani's consistent presence and active engagement in the constituency could tilt the balance in her favor. To gain insights into the ground reality, we spoke with residents of Amethi to gauge their perspectives on the unfolding electoral dynamics. <br/> <br/> <br/>#Amethi #AmethiLokSabha #AmethiPolls #SmritiIrani #RahulGandhi #LokSabhaElections #Electionnews #Congressnews #BJPnews #Politics #Oneindia #Oneindia <br/>~HT.99~PR.152~ED.100~CA.145~GR.121~
⏲ 3:46 👁 10M
Bella Coco
⏲ 6 minutes 54 seconds 👁 24.3K
Sean Carroll
⏲ 1 hour 17 minutes 58 seconds 👁 99.3K
Consumer Outlook , Plunges Amid Fears of , More Price Hikes Ahead.<br/>CNN reports that sentiment about the economy among <br/>consumers in the United States has plummeted <br/>to the lowest level in the past six months.<br/>According to the latest consumer survey by the <br/>University of Michigan, consumers are also bracing <br/>for more price increases in the year ahead. .<br/>The consumer expectations gauge, <br/>which is closely monitored by the White House, <br/>dropped 13%, representing the most significant <br/>single month decline since mid-2021.<br/>The latest news is still better than <br/>last May when inflation was at 4% <br/>compared to the current 3.5% reading.<br/>However, CNN points out that despite inflation <br/>being lower than the same time last year, the numbers <br/>have been moving in the wrong direction.<br/>The trajectory has shifted <br/>economist expectations for <br/>the Federal Reserve to cut rates. .<br/>The latest Fed report saw expectations <br/>for year-ahead inflation increase <br/>to 3.5% from the 3.2% forecast in April. .<br/>At the same time, long-run <br/>expectations for inflation also <br/>increased to 3.1% from April's 3.0%. .<br/>According to Chicago Federal Reserve <br/>President Austan Goolsbee, the latest data , \
⏲ 1:31 👁 2.4M
VeryPink Knits
⏲ 3 minutes 13 seconds 👁 46.7K
The Gauge
⏲ 1 hour 40 minutes 41 seconds 👁 25.7K
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