All the data so far is showing inflation isn't going away, and is making things tough on the Fed [MSNBC.com]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: MSNBC.com
A customer shops for food at a grocery store on March 12, 2024 in San Rafael, California.Justin Sullivan | Getty Images News | Getty ImagesThe last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in, and none of it is very good.In the aggregate, Commerce Department indexes that the Fed relies on for inflation signals showed prices continuing to climb at a rate still considerably ahead of the central bank's 2% annual goal, according to separate reports this week.Within that picture came several salient points: An abundance of money still sloshing through the financial system is giving consumers lasting buying power. In fact, shoppers are spending more than they're taking in, a situation neither sustainable nor disinflationary. Finally, consumers are dipping into savings to fund those purchases, creating a precarious scenario, if not now then down the road.Put it all together, and it adds up to a Fed likely to be cautious and not
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- 4/24/24 - Miss
EVR
Sec Filings
- 4/26/24 - Form ARS
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- 4/26/24 - Form DEFA14A
- EVR's page on the SEC website