_wall-street-strategists-raise-sampp-500-price-targets-amid-positive-inflation-numbers-here39s-why-the-fed39s-one-cut-fo.jpg "Wall Street Strategists Raise S&P 500 Price Targets Amid Positive Inflation Numbers. Here's Why the Fed's One Cut Forecast May Alredy Be Outdated from man city vs newcastle goal heiglaghys Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 23.1M times
✓ Published: 18-Jun-2024
👁 View: 23.1M times
✓ Published: 18-Jun-2024
Description:
The latest inflation data is providing a boost to the current stock market rally, with the S&P 500 and Nasdaq hitting four straight record closes last week. Wall Street strategists are raising their year-end price targets for the S&P 500. The May Consumer Price Index and Producer Price Index showed significant progress towards the Fed's inflation goal. Economists believe this indicates a positive reading of the Fed's preferred inflation gauge. The Fed's latest Summary of Economic Projections showed a median forecast of just one rate cut in 2024. Still, strategists believe this may already be stale given the positive inflation data released after the Fed's meeting.
The latest inflation data is providing a boost to the current stock market rally, with the S&P 500 and Nasdaq hitting four straight record closes last week. Wall Street strategists are raising their year-end price targets for the S&P 500. The May Consumer Price Index and Producer Price Index showed significant progress towards the Fed's inflation goal. Economists believe this indicates a positive reading of the Fed's preferred inflation gauge. The Fed's latest Summary of Economic Projections showed a median forecast of just one rate cut in 2024. Still, strategists believe this may already be stale given the positive inflation data released after the Fed's meeting.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_portugal-vs-turkey-3-0-all-goals-amp-hghlghts-full-match-2024.webp "Portugal vs Turkey 3-0 - All Goals & Hіghlіghts Full Match 2024")
_full-match-ned-vs-fra.webp "<br/>Visit our website for full match")
_cctv-footage-rutherford-kidnapping-investigation-124-newcastle-herald-2024.webp "CCTV footage released following Rutherford kidnapping.")
_germany-vs-scotland-5-1-all-goals-amp-extended-highlights-124-euro-2024.webp "#Germany #Scotland #Euro2024 #GermanyvsScotland #GermanyvsScotlandEuroCup <br/><br/>Germany beat Scotland by 5-1 goals in the Euro Cup opening match as Florian Wirtz, Jamal Musiala, Kai Havertz, Niclas Füllkrug and Emre Can scored for Germany against Scotland. Watch Florian Wirtz Goal vs Scotland. Watch Jamal Musiala Goal vs Scotland. Watch Ryan Porteous red card vs Germany. Watch Kai Havertz penalty goal vs Scotland. Watch Niclas Füllkrug goal vs Scotland. Watch Germany vs Scotland 5-1 Euro Cup 2024 Highlights. Watch Germany vs Scotland 5-1 highlights. Germany vs Scotland Highlights 2024.")
_romania-0-2-belgium-all-goals-amp-highlights-euro-2024.webp "Romania 0-2 Belgium All Goals & HighlightsEuro 2024")
_france-vs-netherland-0-0-highlights-amp-all-goals-euro-2024.webp "France vs Netherland 0-0 Highlights & All Goals Euro 2024 / Mbappe Benched<br/>#FravsNetherland<br/>#Euro2024<br/>#Eurolive<br/>#Mbappe")
_63-yallambie-road-laguna-the-newcastle-herald-june-19-2024.webp "WATCH: Take a look inside this architecturally designed Laguna home on 100 acres in the Wollombi Valley.")
_uefa-euro-2024-spain-vs-italy-1-0-extended-highlights.webp "UEFA EURO 2024 - Spain vs Italy (1-0) Extended HIGHLIGHTS")
_portugal-vs-turkey-3-0-all-goals-amp-hghlghts-full-match-2024.jpg)
_full-match-ned-vs-fra.jpg)
_cctv-footage-rutherford-kidnapping-investigation-124-newcastle-herald-2024.jpg)
_germany-vs-scotland-5-1-all-goals-amp-extended-highlights-124-euro-2024.jpg)
_romania-0-2-belgium-all-goals-amp-highlights-euro-2024.jpg)
_france-vs-netherland-0-0-highlights-amp-all-goals-euro-2024.jpg)
_63-yallambie-road-laguna-the-newcastle-herald-june-19-2024.jpg)
_uefa-euro-2024-spain-vs-italy-1-0-extended-highlights.jpg)
![[+]](/images/menu.gif){kind=small}