Your email has been successfully added to our mailing list.

×
0 -0.000509100165457633 -0.00038182512409318 0.000636375206821906 0.00241822578592335 0.00789105256459196 0.00865470281277832 0.00649102710958369
Stock impact report

New inflation reading reinforces Fed's higher-for-longer stance [Yahoo! Finance]

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: Yahoo! Finance
The Fed's preferred inflation measure — the "core" Personal Consumption Expenditures index that excludes volatile food and energy prices — clocked in at 2.8% year-over-year for the month of March. That was the same level as February but a tenth of a percent higher than expected. Month-over-month, the measure of inflation rose 0.3%, which was in line with expectations. "Today's data means that it will take a longer string of months of good inflation data before the Fed will be comfortable with cutting," said Preston Caldwell, chief US economist at Morningstar. Markets are pricing in only a 45% chance of the first rate cut in September, after backing away from earlier predictions of a cut in March or June. Before last week, investors were still looking at a rate cut in July, while now the odds are 66% that the central bank will hold rates steady that month. Cutting rates in July "seems a bridge too far now, unless we see both inflation return to 2% in coming months along with Show less Read more
Impact Snapshot
Event Time:
SF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SF alerts
Opt-in for
SF alerts

from News Quantified
Opt-in for
SF alerts

from News Quantified