Even The Consumer Spending Part Of GDP Was Distorted Although the Q1 GDP report was bad, it could have been worse if not for the sharp increase in consumer spending for March.
Larry Summers Believes Rate Cut In May Would Undermine Confidence In Fed’s Determination To Rein In Inflation Summers also countered Treasury Secretary Scott Bessent’s view that bond yield at the shorter end of the curve indicates the Fed should cut interest rates.
ExlService Holdings Stock Gets RS Rating Bump To 93 ExlService Holding stock had its Relative Strength (RS) Rating upgraded to 93 Thursday, up from 89 a day earlier.
