Published on 2 Jun 2023 on Insider Monkey via Yahoo Finance
Insider Buying Alert: These 10 Stocks are Seeing Significant Insider Activity
In this article, we will take a look at the 10 stocks that are seeing significant buy-side insider activity. If you want to explore similar stocks, you can also take a look at Insider Buying Alert: These 5 Stocks are Seeing Significant Insider Activity.
"I Think I'd Stand Closer to the Wait and See"
On May 23 former Vice Chairman of the Federal Reserve, Roger Ferguson, appeared in an interview on CNBC where he shared his insights on the economic data, his economic outlook, and factors that could influence the Federal Reserve's decision-making process. Ferguson acknowledged the significance of inflation numbers and said that persistent inflation in the service sector is one of the main factors contributing to labor market tightness. He emphasized that these indicators are crucial for assessing the overall economic situation. With inflation remaining a concern, particularly in the service sector, Ferguson thinks that determining whether a rate hike in June is appropriate is a challenging task. Despite previous rate movements, the outcome remains uncertain.