Shrey Dua on Muck Rack

Shrey Dua

Virginia
As seen in: MSN, Markets Insider, Entrepreneur, Nasdaq, Investor Place, NewsBreak, The Cavalier Daily, RealClear Markets, NXTmine, Business Post Examiner
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Articles

Why Today's CPI Report Hints at Coming Rate Cut Relief

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By Shrey Dua
| Investor Place
According to the recently released July consumer price index (CPI) report, consumer prices rose 0.2% in July, which is in line with expectations. Promisingly, annual inflation eased to just 2.9% in July, below projections of a 3% annual rate and June’s 3% level. It’s also the lowest annual inflation reading since March 2021. Core Inflation, which excludes Food and Energy costs, increased 0.2% in July, reflecting a 3.2% yearly rate, both in line with forecasts.
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Stock Market Crash Fears Swirl Ahead of Crucial July CPI Report

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By Shrey Dua
| Investor Place
Wall Street is abuzz ahead of the release of the July consumer price index (CPI) inflation report due this Wednesday, Aug. 14. While equity markets have performed surprisingly well since the global selloff last week, that may stand to change unless investors are pleased with July’s inflation progress. Will the stock market crash? Well, maybe.
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UBS Just Lowered Chance of Recession By 7%. Here’s Why.

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By Shrey Dua
| Investor Place
Even as other investment banks prep for an economic downturn following the release of the July jobs report, UBS just lowered the chance of recession. Indeed, a team of UBS economists led by Pierre Lafourcade just lowered the Swiss bank’s estimated recession probability from 60% to 53%, which itself is a reduction from the 75% probability just a year ago. “Has the data taken a turn for the worse to the extent of walking back to our initial call?
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