4 Safe Bets Amid Growing Concerns Over Delay in Rate Cuts [Yahoo! Finance]
ResMed Inc. (RMD)
Last resmed inc. earnings: 4/30 04:05 pm
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investors.resmed.com/investor-relations/default.aspx
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Source: Yahoo! Finance
Rising inflation and slowing GDP have raised concerns over the economy's future. On May 1, the Federal Reserve left interest rates unchanged in its current range of 5.25-5.5%. Federal Reserve Chairman Jerome Powell also ruled out the chances of a rate hike in the coming months. Rising inflation had raised fears that the Federal Reserve could consider hiking interest rates again. Notably, the Fed has kept interest rates steady since July 2023. Powell's comments came as a respite to investors, sending stocks on a rally. However, volatility soon returned to markets as Powell said that there has been little progress lately in bringing inflation down to its 2% target. The S&P 500 and the Nasdaq ended in the red, although the Dow managed to finish in positive territory. Powell ruled out another rate hike, but he also didn't give any assurance on rate cuts. The Federal Reserve said in March that it still plans three rate cuts of 25 basis points each by the end of this year. However
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RMD
News
- ATS 2024: New ResMed-Supported Research Shows Increasing Prevalence of Obstructive Sleep Apnea and Critical Role of PAP Therapy [Yahoo! Finance]Yahoo! Finance
- ATS 2024: New ResMed-Supported Research Shows Increasing Prevalence of Obstructive Sleep Apnea and Critical Role of PAP TherapyGlobeNewswire
- What Makes ResMed (RMD) a New Strong Buy Stock [Yahoo! Finance]Yahoo! Finance
- MatrixCare Joins Health Gorilla's Qualified Health Information Network (QHIN) to Enhance Patient Data Access [Yahoo! Finance]Yahoo! Finance
- MatrixCare Joins Health Gorilla’s Qualified Health Information Network (QHIN) to Enhance Patient Data AccessGlobeNewswire
RMD
Earnings
- 4/25/24 - Beat
RMD
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- RMD's page on the SEC website