Premium Domain Names for Sale at CrocoDom.com
The Federal Reserve's preferred inflation metric grew at its slowest pace on a monthly basis since late 2020 during August, new government data showed.
The Personal Consumption Expenditures (PCE) Index grew 3.5% year over year in August, up from 3.4% the month prior and in line with expectations. "Core" PCE, which excludes the volatile food and energy categories, grew 3.9%, down from 4.1% from the month prior and in line with what economists surveyed by Bloomberg had expected.
Month-over-month, core PCE rose 0.1% in August, down from 0.2% in July, and the lowest rate since November 2020.
"It's about as good as you could expect," Moody's analytics chief economist Mark Zandi told Yahoo Finance Live. "0.1%, that's a really marvelous number. I'm sure it's overstating the case, I don't think it pushes all the way back into the Fed's target [2%] quite yet, but all the trend lines there look good."
Core PCE is the inflation measurement most often mentioned by Fed Chair Jerome Powell, who noted last Wednesday that inflation remains "well above our longer-run goal of 2%." The comments came after the Fed maintained rates in a range of 5.25%-5.50%, the highest level since March 2001, while also forecasting holding interest rates higher for longer than anticipated in an effort to tame inflation.
After today's print, markets are now pricing in a 67.2% chance the Fed doesn't raise rates again this year, up from a 57.7% chance a week ago, per the CME FedWatch tool.
Read more: What the Fed rate-hike pause means for bank accounts, CDs, loans, and credit cards
August's PCE reading falls in line with the month's Consumer Price Index, another closely watched inflation measure, which also showed cooling core price increases. August's CPI report showed headline inflation was 3.7%, also driven by higher oil and food prices.
The Federal Reserve revealed in its Summary of Economic Projections (SEP) that it expects core PCE to fall quicker than initially expected this year. The SEP indicated the Federal Reserve sees core inflation peaking at 3.7% this year — lower than June's projection of 3.9% — before cooling to 2.6 % next year and 2.3% in 2025.
But Powell acknowledged during the subsequent press conference that a rise in core PCE isn't the only thing that could drive another interest rate hike this year. The Fed is also closely following any economic developments that could stifle inflation's path downward.
"The heat that we see in GDP, is it really a threat to our ability to get back to 2% inflation? That's going to be the question," Powell said. "It's not a question about GDP on its own."
PCE could be the last key economic data report from the BLS for an unforeseen amount of a time as a government shutdown deadline nears on Sunday. Experts see a very likely chance the government shuts down on Sunday, and sources have told Yahoo Finance's Ben Werschkul that will result in no releases from the BLS until the shutdown ends.
Read more: How a government shutdown would impact your money: Student loans, Social Security, investments, and more
Some economists believe this lack of visibility into the data could force the Fed to hold rates steady at its next meeting in November.
"If there is a protracted shutdown, the lack of data availability could also keep the Fed on hold in November," wrote Bank of America US economist Michael Gapen, who had previously projected another rate hike for the Fed in November.
Josh Schafer is a reporter for Yahoo Finance. Follow him on X @_joshschafer.
Click here for the latest stock market news and in-depth analysis, including events that move stocks
Read the latest financial and business news from Yahoo Finance
The Cleveland Fed president said the strength of the US economy will help determine how long rates remain elevated.
ASICRUN is well and truly on its way to causing a serious disruption in the crypto mining market. The company’s new AR1, AR2, and EliteAR miners have taken mining efficiency to unforeseen levels wi…
The stock market continued to fade in afternoon trading on Monday. Riot Platforms popped in sync with cryptocurrencies.
Job Openings increased in August, raising questions about more interest rate hikes from the Federal Reserve as the central bank looks for further softening in the labor market.
In the latest trading session, Enterprise Products Partners (EPD) closed at $27.10, marking a -0.37% move from the previous day.
(Bloomberg) — State Street Global Advisors is betting against the higher-for-longer mantra sweeping across global bond markets.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recession Is Still Likely — and Coming SoonWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Kevin McCarthy Ousted as US House Speaker by Republican DissidentsThe Wall Street giant is wagering that the
Tilray Brands, Inc. (TLRY) delivered earnings and revenue surprises of -100% and 1.04%, respectively, for the quarter ended August 2023. Do the numbers hold clues to what lies ahead for the stock?
Energy Transfer LP (ET) closed at $13.55 in the latest trading session, marking a -1.67% move from the prior day.
ChargePoint Holdings, Inc. (CHPT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Lithium Americas has split into two companies. Both are now trading on the Toronto and New York stock exchanges.
Tesla is one of the most recognizable brands in the world. Not only is Tesla a leader in the electric vehicle (EV) space, but its CEO — Elon Musk — is a polarizing figure who continually finds himself in the public eye. The company started on July 1, 2003, and launched its first vehicle, the Roadster, in 2008. That was followed by the Model S in 2012, the Model X in 2015 and the Model 3 in 2017. Today, Tesla Inc. is the most valuable automaker in the world, thanks in large part to its 59% U.S. E
(Bloomberg) — Palantir Technologies Inc., the data analysis firm co-founded by tech billionaire Peter Thiel and contracted by government intelligence agencies and military forces around the world, has emerged as the top pick for a contract to overhaul the UK’s National Health Service.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapG
In the latest trading session, Enbridge (ENB) closed at $31.57, marking a -1.31% move from the previous day.
Many investors find it beneficial to include real estate investment trusts, or REITs, in their portfolios. These companies bring a suite of advantages that can’t be overlooked. To start with, they offer a sound way to buy exposure to real property, landholdings, without actually buying real estate. REITs are also known as champion dividend payers, as they’re required to distribute up to 90% of their taxable income to shareholders – and dividends make a convenient mode of compliance. For Wedbush
(Bloomberg) — Treasury Secretary Janet Yellen said a surprisingly resilient US economy has prompted investors to question what it will take to bring inflation down, but she cast doubt on whether that would force interest rates to stay elevated for a long period.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is St
Here are the details on Costco’s deal – and what a key investor says to buy instead.
Former First Lady Melania Trump has been making headlines, not just for her role beside the 45th U.S. president but also for her assertive steps in ensuring financial stability for herself and their son Barron. Amid the swirling controversies surrounding Donald Trump's legal predicaments, Melania Trump has shown resilience while maintaining her silence. While the establishment of a postnup has sparked divorce speculations, various reports debunk such claims. Trending: Until 2016 it was illegal f
If it can’t hold steady there, steep losses from here are likely. Now, the S&P is at just over 4200. Early this year, buyers finally came into the market at 4200, sending the S&P 500 surging from there, as markets anticipated a stabilization in rates and a growing economy.
LONDON (Reuters) -Oil fell by over $3 a barrel on Wednesday, as demand fears stemming from macroeconomic headwinds offset pledges by Saudi Arabia and Russia to continue crude output cuts to the end of 2023. Brent crude oil futures were down $3.30, or 3.63%, to $87.62 a barrel at 1456 GMT, while U.S. West Texas Intermediate crude (WTI) fell $3.29, or 3.69%, to $85.94. Gasoline stocks rose by 6.5 million barrels, compared with expectations of a 200,000-barrel rise, according to a Reuters poll.
Cathie Wood's flagship ETF is crumbling and giving investors multiple warning signs. Several of its stocks have recently pulled it down.

source
Premium Domain Names:

A premium domain name is a highly sought-after domain that is typically short, memorable, and contains popular keywords or phrases. These domain names are considered valuable due to their potential to attract more organic traffic and enhance branding efforts. Premium domain names are concise and usually consist of one to two words or two to four individual characters.

Top-Level Domain Names for Sale on Crocodom.com:

If you are looking for top-level domain names for sale, you can visit Crocodom.com. Crocodom.com is a platform that offers a selection of domain names at various price ranges. It is important to note that the availability of specific domain names may vary, and it’s recommended to check the website for the most up-to-date information.

Contact at crocodomcom@gmail.com:

If you have any inquiries or need assistance regarding the domain names available on Crocodom.com, you can reach out to them via email at crocodomcom@gmail.com. Feel free to contact them for any questions related to the domain names or the purchasing process.

Availability on Sedo.com, Dan.com, and Afternic.com:

Apart from Crocodom.com, you can also explore other platforms like Sedo.com, Dan.com, and Afternic.com for available domain names. These platforms are popular marketplaces for buying and selling domain names. Each platform may have its own inventory of domain names, so it’s worth checking multiple sources to find the perfect domain name for your needs.

#PremiumDomains #DomainInvesting #DigitalAssets #DomainMarketplace #DomainFlipping #BrandableDomains #DomainBrokers #DomainAcquisition #DomainPortfolio #DomainIndustry #DomainAuctions #DomainInvestors #DomainSales #DomainExperts #DomainValue #DomainBuyers #DomainNamesForSale #DomainBrand #DomainInvestment #DomainTrading

Leave a comment