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Inflation, Stocks and Bank of America
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June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching ...
Bank earnings, inflation, and new crypto regulation are some of the things on the investors' radar this week.
Wall Street opened higher on Wednesday, buoyed by strong earnings from leading banks and a softer-than-expected inflation ...
While the better than expected big bank earnings was a positive, the friendly inflation readings were the real boost to markets with the last rate increase from the Fed now expected in July.
Inflation and Bank Earnings Reports: A Critical Week for Stocks July 09, 2023 — 11:35 am EDT Written by Taylor Sohns MBA, CIMA®, CFP® for Due.com -> ...
Average hourly earnings, a closely watched indicator for inflation and a gauge of how much leverage workers have in the labor market, increased 0.4% on a monthly basis and 4.1% over last year ...
Consumer inflation (CPI) provided a spark, and bank earnings were generally better than expected. Bank shares rose 2.2%, and regional banks were over 1.5% higher last week.
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