U.S. stocks rallied after the inflation data boosted investors' hopes for an interest rate cut next month. The S&P 500, Nasdaq and Dow rose 1.7%, 2.4% and 1%, respectively.
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CNBC - Business
Former Dallas Fed President Kaplan advocates for a half-point interest rate cut
Making the bolder move of 50 basis points would better position policymakers heading into the latter part of the year, Kaplan told CNBC.Yesterday - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
The Guardian - World
Biden’s green policies will save 200,000 lives and have boosted clean energy jobs, data shows
Two separate reports find policies will save Americans from pollution in coming decades and added nearly 150,000 jobs. The environmental policies of Joe Biden’s administration will save ...Yesterday - Joe Biden -
VentureBeat - Tech
Forge hits 1 million players and reveals new set of Web3 investors
Forge, a platform for community-driven game marketing and engagement, has hit a million registered users and revealed new investors.2 days ago