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0.000687285223367724 0.000916380297823577 0 -0.00343642611683846 0.0016036655211913 0.00939289805269195 0.016036655211913 0.0632302405498283
Stock impact report

Wall Street Breakfast: Is It Transitory? [Seeking Alpha]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Seeking Alpha
Is it transitory? The much-awaited Fed pivot has materialized, but it's not what investors had been expecting. The change was supposed to signal that the central bank finally reversed course on its contractionary monetary policy path, which has been in place since March 2022. It would've come after Powell and Co. continued to telegraph that rate cuts were soon in the cards, but policymakers are now formally taking a step back from those forecasts following three consecutive months of stronger-than-expected inflation readings. Quote: "The recent data have clearly not given us greater confidence and instead indicate that it's likely to take longer than expected to achieve that confidence,” Powell said at the Wilson Center in Washington, D.C. "Last year, rebounding supply supported U.S. growth in spending and also employment, alongside a considerable decline in inflation. The more recent data show solid growth and continued strength in the labor market, but also a lack of further pr Show less Read more
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