By Stephen Culp Markets React to Mixed Inflation Data NEW YORK (Reuters) – In a surprising turn of events on Wednesday, Wall Street stocks plummeted sharply while U.S. benchmark Treasury yields touched their lowest in over a year. This development came as a key inflation report revealed a mixed path for price growth, all butU.S. Stock Markets Fall, Treasury Yields Decline Following CPI Report and Economic Debate
Federal Reserve’s Aggressive Interest Rate Cuts Forecast Rajeev Dhawan’s Expectations According to Rajeev Dhawan, Director of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business, the Federal Reserve is poised for a series of "practically aggressive" interest rate cuts. These cuts, beginning in September 2024, will total 175 basis pointsEconomic Expert Rajeev Dhawan Predicts Several Significant Rate Reductions by the Fed Within Six Months
