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Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.
24/7 Wall St.133d agobearish
Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.

The President wants rate cuts. His pick is set to take the chair at the Federal Reserve. Futures markets have spent weeks pricing in easing. Then the Bureau of Labor Statistics released the April Consumer Price Index report, and the door slammed shut. Headline CPI rose 3.8% year-over-year in April, up from 3.3% in March, ... Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.

The Fed’s Worst-Case Scenario Is Quietly Unfolding
24/7 Wall St.133d agoneutral
The Fed’s Worst-Case Scenario Is Quietly Unfolding

The April inflation report landed with a number the Federal Reserve hoped it would never have to explain again. Consumer prices rose 3.8% year over year, the highest reading since 2023 and a sharp jump from March’s 3.3%. Energy did most of the damage: gasoline ripped 21% in March, the biggest monthly increase in data ... The Fed’s Worst-Case Scenario Is Quietly Unfolding

Inflation Drumbeat Persists for Unnerved US Consumer
Bloomberg138d agobullish
Inflation Drumbeat Persists for Unnerved US Consumer

(Bloomberg) -- A fresh batch of consumer price data in the coming week is likely to affirm Americans’ growing frustration with inflation.Most Read from BloombergTrump Wants to Make H-1B Workers More Expensive for US EmployersBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsOnline Mob Fuels 6,000% Stock Rally in Obscure SpaceX RivalTrump Punts Thorniest Iran Challenges in Push to Open HormuzIran War Is Draining World’s Oil Buffer at an Unprecedented PaceEconomists see

AMD earnings, Fed commentary, April jobs report: What to Watch
Yahoo Finance Video146d agoneutralVIDEO
AMD earnings, Fed commentary, April jobs report: What to Watch

Asking for a Trend Host Josh Lipton previews several of the biggest stories to come throughout next week,  including earnings results out from companies like Advanced Micro Devices (AMD), Paramount Skydance (PSKY), Disney (DIS), Novo Nordisk (NVO), Pfizer (PFE), Warner Bros. Discovery (WBD), McDonald's (MCD), and Coinbase (COIN); a wave of fresh commentary from top Federal Reserve officials; and April's jobs reports due out next Friday. May 8.