• Fed's inflation gauge shows price pressures cooling, Costco spending shifts

  • Sep 27 2024
  • Length: 51 mins
  • Podcast

Fed's inflation gauge shows price pressures cooling, Costco spending shifts

  • Summary

  • Our hosts analyze some of the top trending tickers, Dollar General (DG), Wynn Resorts (WYNN), and Bumble (BMBL). Takeaways: The Fed's preferred inflation gauge shows price pressures cooling in August. What does it mean for future rate cuts? China stocks are set for the biggest weekly gain since 2008 due to announcement of stimulus package. Costco (COST) has released new earnings with signs of consumer spending shifts towards non-food items as inflation continues to slow. Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions. Find this and other episodes of Morning Brief here. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices
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