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Stock impact report

4 Stocks in Focus That Recently Announced Dividend Hikes [Yahoo! Finance]

CSG Systems International, Inc. (CSGS) 
Last csg systems international, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.csgi.com
Company Research Source: Yahoo! Finance
Investors were expecting that the Federal Reserve would soon announce the first rate cut, but hopes dimmed after data showed that inflation increased in January. The consumer price index (CPI) rose 0.3% month over month in January and 3.1% from a year ago, the Commerce Department reported. Also, core CPI, which excludes the volatile energy and food prices, rose 0.4% sequentially and 3.9% year over year in January. The hotter-than-expected inflation reading has dented investors' confidence. Also, the minutes of the Federal Reserve's January FOMC meeting suggest that the central bank is in no rush to cut interest rates. It will go for the first rate cut only after the officials have “greater confidence” that inflation has eased. The Federal Reserve had already ruled out a chance of a rate cut in March as inflation remains above its 2% target rate. Markets were expecting the first rate cut in May but now many believe that the first rate cut won't happen before the June FOMC meeting Show less Read more
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