Latest news with #marketAnalysts
Wall Street Journal
3 days ago
- Business
- Wall Street Journal
American Consumers Are Still Gloomy on the Economy
American households still felt gloomy about the economy in May, a month when changing tariff policies made it difficult to forecast prices. The final May reading for the University of Michigan's closely watched index of consumer sentiment was 52.2, unchanged from the previous month.
Bloomberg
07-04-2025
- Business
- Bloomberg
Stocks Are Cratering. Don't Expect the Fed to Come to the Rescue
A brutal global selloff in financial markets triggered by President Donald Trump's burgeoning trade war raised speculation on Monday the Federal Reserve may intervene to stem the losses. Don't count on it, several Fed watchers said. With inflation still running above the US central bank's target and levy-induced price hikes on the horizon, economists and market analysts said they believe Fed officials will wait for the impact to hit the real economy before they lower interest rates. That could take months to show up in official data.
