financetom
Business
financetom
/
Business
/
Market Chatter: JPMorgan Pushes Back First Fed Rate-Cut Forecast to November From July
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: JPMorgan Pushes Back First Fed Rate-Cut Forecast to November From July
Jun 7, 2024 9:47 AM

12:17 PM EDT, 06/07/2024 (MT Newswires) -- Following a stronger-than-expected jobs report, JPMorgan Chase ( JPM ) economists changed their forecast for when the Federal Reserve will cut its benchmark federal funds rate to November from July, Bloomberg reported Friday, citing a JPMorgan ( JPM ) note.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 200.37, Change: +3.46, Percent Change: +1.75

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Looking At Valero Energy's Recent Unusual Options Activity
Looking At Valero Energy's Recent Unusual Options Activity
Oct 1, 2024
Financial giants have made a conspicuous bearish move on Valero Energy ( VLO ). Our analysis of options history for Valero Energy ( VLO ) revealed 8 unusual trades. Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $75,500,...
Amazon wins temporary pause on NLRB case over NYC union election
Amazon wins temporary pause on NLRB case over NYC union election
Oct 1, 2024
Oct 1 (Reuters) - A U.S. appeals court has temporarily blocked the National Labor Relations Board from deciding whether Amazon.com ( AMZN ) must bargain with a union representing workers at a New York City warehouse, the first in the company's history. A three-judge panel of the 5th U.S. Circuit Court of Appeals on Monday stayed the NLRB's administrative case...
Market Chatter: Ford Wants Government Subsidies in UK to Meet EV Sales Targets
Market Chatter: Ford Wants Government Subsidies in UK to Meet EV Sales Targets
Oct 1, 2024
03:34 PM EDT, 10/01/2024 (MT Newswires) -- Ford Motor ( F ) wants the British government to help support electric vehicle sales by reducing its value-added tax on vehicles and street charging stations, a company executive told Bloomberg in an interview. The UK has set aggressive goals for electric and other zero-emission vehicles, requiring 22% of all new car sales...
-- RF Capital Brief: Announcing Record Monthly Assets Under Administration of $39.0 Billion For September 2024; Also, Detailing CEO Succession Plan
-- RF Capital Brief: Announcing Record Monthly Assets Under Administration of $39.0 Billion For September 2024; Also, Detailing CEO Succession Plan
Oct 1, 2024
03:30 PM EDT, 10/01/2024 (MT Newswires) -- Price: 7.31, Change: -0.03, Percent Change: -0.41 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved