Lower gasoline prices restrain U.S. consumer inflation [Reuters]
AllianceBernstein Holding L.P. Units (AB)
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Source: Reuters
Lower gasoline prices restrain U.S. consumer inflation | Reuters 5 Min Read WASHINGTON (Reuters) - U.S. consumer prices were unchanged for a third straight month in January, leading to the smallest annual increase in inflation in more than 1-1/2 years, which could allow the Federal Reserve to hold interest rates steady for a while. The Labor Department’s report on Wednesday supported the Fed’s recent description of price pressures being “muted.” In a policy statement last month, the U.S. central bank kept rates unchanged, pledged to be “patient” before tightening monetary policy further and discarded promises of “further gradual increases” in borrowing costs. “Inflation still appears to be well in check,” said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan. “That should be enough for the Fed to take time to evaluate the gradual effects of its prior rate hikes and move more slowly and thoughtfully in administering rate policy in the months
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AB
News
- UPDATE 3-Samba, Gazelle shoes help drive Adidas sales while North America lags [Yahoo! Finance]Yahoo! Finance
- AllianceBernstein Holding L.P. (NYSE: AB) had its price target lowered by analysts at TD Cowen from $40.00 to $39.00. They now have a "buy" rating on the stock.MarketBeat
- AllianceBernstein Holding L.P. (NYSE: AB) had its price target lowered by analysts at Bank of America Co. from $54.00 to $51.00. They now have a "buy" rating on the stock.MarketBeat
- Private Credit Market Sees One of the Cheapest Loans as Competition Intensifies [BNN Bloomberg (Canada)]BNN Bloomberg
- ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FIRST QUARTER RESULTSPR Newswire
AB
Earnings
- 4/25/24 - Beat
AB
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 10-Q
- 4/9/24 - Form 8-K
- AB's page on the SEC website