Wall Street Breakfast: Rate Expectations [Seeking Alpha]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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US:NYSE Investor Relations:
investor.nordstrom.com
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Source: Seeking Alpha
Rate expectations The Federal Reserve is taking center stage today, and with inflation proving stickier than expected, the central bank finds itself balancing between a hawkish and dovish view. While the policy-setting FOMC is widely expected to hold interest rates steady at the 5.25%-5.50% range for a fifth straight meeting, the bigger item to watch will be the so-called dot plot. Policymakers will update their rate and economic projections for the first time since December, potentially deviating from the three rate cuts they previously penciled in by the end of 2024. Snapshot: A months-long standoff between markets and the Fed has drawn to a close, as a slew of economic data in recent weeks has reinforced the monetary authority's case for caution. In January, fed funds futures traders had priced in six to seven quarter-point rate cuts by the end of the year. Now, with inflation falling slower than expected, traders see three reductions starting in June or July, aligning with th
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JWN
News
- Mach & Mach's CEO on New Pop-Ups, Mini-Me Line Launch [Yahoo! Finance]Yahoo! Finance
- Glancy Prongay & Murray LLP Announces Investigation of Nordstrom, Inc. (JWN)Business Wire
- Spotting Winners: Kohl's (NYSE:KSS) And Department Store Stocks In Q4 [Yahoo! Finance]Yahoo! Finance
- Shuffle Board: Chief People Officer Exits Under Armour, NewStore Names CEO [Yahoo! Finance]Yahoo! Finance
- Nordstrom Anniversary Sale 2024: Everything To Know About This Year's Event [Forbes]Forbes
JWN
Earnings
- 3/5/24 - Beat
JWN
Sec Filings
- 4/25/24 - Form SC
- 4/18/24 - Form 8-K
- 4/18/24 - Form SC
- JWN's page on the SEC website