Fed faces fine-line walk between inflation hawk and slow-growth realist [Yahoo! Finance]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance
Wednesday, but investors are far more focused on the central bank's view of how and for how long inflation will linger in the world's biggest economy. The so-called 'last mile' of the Fed's inflation fight, and its effort to return price pressures to its preferred target of 2%, has proved incrementally difficult over the past few months. Following the most aggressive series of rate hikes in a least a generation, which included a five-percentage-point increase in the Fed's benchmark lending rate in less than two years, inflation slowed from a four-decade peak of 9.1% in summer 2022 to just above 3% in last autumn. Since then, however, a host of economic data — from job gains to wage increases to broader consumer spending growth — has kept inflation elevated and stalled the Fed's progress in meeting its 2% inflation objective. That's led the Fed, which had to admit to an embarrassing error in deeming inflation "transitory" in winter 2021 before pivoting to its strategy of aggressi
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MCD
News
- McDonald's customers may soon have to pay for drink refills [Yahoo! Finance]Yahoo! Finance
- Wendy's follows McDonald's with budget-friendly combo [FOX Business Network]FOX Business Network
- How Inflation Has Impacted the Price of Your McDonald's Lunch Over the Last Decade [Yahoo! Finance]Yahoo! Finance
- Wendy's offers $3 breakfast combo as budget-conscious consumers recoil from high prices [CBS News]CBS News
- Wendy's offers $3 breakfast combo as fast-food customers recoil from high prices [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 5/21/24 - Form 4
- 5/20/24 - Form 8-K
- 5/15/24 - Form 424B2
- MCD's page on the SEC website