Fed’s Kashkari wants ‘many more months’ of positive inflation data before rate cut
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Oppenheimer raises Utilities sector rating, cuts Real Estate
May 28, 2024 11:45 AM EDTOppenheimer analysts raised their rating for the utilities sector and cut the rating for real estate in a wide-ranging note Tuesday, noting the positive earnings growth.
The firm highlighted that eight of the 11 sectors in the S&P 500 are showing earnings growth, with six up double-digit rates.
These include communication... More
