Archive List for FX

The Consumer Price Index rose 3.2% year-over-year in October, less than the expected 3.3%. Month-over-month, the index was flat versus estimates of an increase of 0.1%. Stripping out food and energy, prices rose 4.0% year-over-year compared to an estimate of 4.1%. Core prices rose 0.2%, less than the 0.3% estimate. Yahoo Finance Live’s Seana Smith, Brad Smith, and Brian Sozzi breaks down the report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction […]

October’s Consumer Price Index (CPI) — which gauges inflation — came out flat month-over-month against expectations of an increase of 0.1%. While the CPI print rose 3.2% year-over-year, core CPI — which accounts for everything but food and energy prices — rose lower than expected at 4.0% year-over-year and 0.2% month-over-month. After another month of cooling inflation data, how will Federal Reserve officials position themselves ahead of their December FOMC meeting? Wells Fargo Chief Corporate Economist Tendayi Kapfidze and Citi Global Chief Economist Nathan Sheets join Yahoo Finance Live to comment on the trajectory the Fed could take on interest rates and how the course of disinflation is currently looking. […]

Amazon (AMZN) has made a big bet on robotics, particularly in its warehouses. However, with it’s agreement to purchase Roomba-maker iRobot (IRBT), their robots could be coming to your home too. Jason Del Rey, Tech Business Journalist and Author of Winner Sells All: Amazon, Walmart and the Battle For Our Wallets, says the acquisition “has a lot to do with Amazon’s intent and play to own as much gadgetry and robotics around the home,” highlighting it’s Alexa products and Ring acquisition. When it comes to how to play the robotics space R “Ray” Wang, Constellation Research Principal Analyst and Founder recommends stocks like ABB (ABBNY), Fanuc (FANUY), and SMC Corporation […]

Bernstein released a note on Monday claiming Airbnb (ABNB) to be a top pick for 2024, giving the stock an “Outperform” rating and a $163 price target while citing top-line growth acceleration and increased travel demand. Yahoo Finance Anchors Julie Hyman and Josh Lipton break down the note and why investors should pay attention to this stock. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #yahoofinance #stockmarket Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that […]

Wall Street institutions have released forecasts on which direction the Federal Reserve could push interest rates next year. Yahoo Finance Head of News Myles Udland comments on predictions for Fed rate cuts in 2024, while also commenting on stock market projections and analyst outlooks on future corporate earnings. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #wallstreet #stockmarket About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: […]

Morgan Stanley (MS) and Goldman Sachs(GS) economists diverge on their Federal Reserve interest rate forecasts over the next two years. Morgan Stanley expects deep cuts, projecting the Fed funds rate will fall to 2.375% by end of 2025. In contrast, Goldman Sachs sees rates remaining elevated with a small cut in Q4 2024, then dropping every quarter through mid-2026 to between 4.0-4.25% by end of 2025. Yahoo Finance’s Seana Smith and Brad Smith analyze the competing projections, discussing factors like unemployment, equity markets, and the Fed’s inflation outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to […]

The market awaits the Fed’s final rate decision of 2023 and Chair Jerome Power suggests that any decision made will be based on data. October’s Consumer Price Index (CPI) — one of the inflation indicators that gauges the state of the US economy — is due out this week Lakshman Achuthan, Co-Founder of the Economic Cycle Research Institute, joins Yahoo Finance Live to take a closer look at recent forward-looking data. Achutan predicts inflation may stay higher for longer as econcomic patterns point to the fact that the US may be in a “cyclical breakdown.” For more expert insight and the latest market action, click here to watch this full […]