Brind.
  1. Inflation targets were missed, necessitating the maintenance of high interest rates by central banks.
  2. FED monetary policy decisions, led by Powell, affected the housing market.
  3. The FED is awaiting inflation and employment data to gauge potential future rate cuts.
  4. Inflation data and market pullbacks are influencing the Federal Reserve's approach to future rate cuts.

Global Payments lagged behind broader market performance on August 8, while the market surged fueled by speculation of a Fed rate cut.

1 report, 1 independent Updated Aug 8
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What happened

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Global Payments lagged behind broader market performance on August 8, while the market surged fueled by speculation of a Fed rate cut.

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What this event is mainly about
Global Payments

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Inflation data and market pullbacks are influencing the Federal Reserve's approach to future rate cuts.

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Within Inflation targets were missed, necessitating the maintenance of high interest rates by central banks.

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  • BarchartGlobal Payments Stock Outlook: Is Wall Street Bullish or Bearish? Atlanta, Georgia-based Global Payments Inc. (GPN) provides payment technology and software solutions for card, check, and digital-bas