Chicago Fed Pres. speaks on inflation goal, ECB issues warning: Catalysts

Federal Reserve Bank of Chicago President Austan Goolsbee spoke in an interview with Yahoo Finance Federal Reserve reporter Jennifer Schonberger over the Fed's current path to a 2% inflation goal. According to the latest data from the CME FedWatch tool, the probability of the Federal Reserve cutting interest rates in September stands at nearly 100%. Wolfe Research chief economist Stephanie Roth joined the show to discuss the possibility of a rate cut in September.

Ford (F) plans to expand its heavy-duty truck production to a plant in Ontario, Canada, which was originally slated to focus solely on EV production.

Shares of e.l.f Beauty (ELF) were initially ticking higher — at the time of this video's posting — this morning after Baird gave the beauty brand an upgrade to Outperform from Neutral, raising its price target from $210 to $230. The analyst behind the call cited a healthy brand momentum as the reason for the upgrade.

Beyond Meat (BYND) shares are falling sharply on Thursday. The company is engaging in conversations with bondholders about a balance-sheet restructuring, a source confirmed to Yahoo Finance.

Meta (META) is in negotiations to buy a five percent stake of EssilorLuxottica (EL.PA, ESLOY) according to several reports. The companies may be looking to deepen their connection following the successful release of their Ray-Ban Meta smart glasses.

European Central Bank (ECB) President Christine Lagarde addressed the risk increased tariffs pose to European economies, referring to former President Donald Trump's economic policy positions if he were to re-enter the White House in 2025.

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