FED VICE CHAIR BARR: INFLATION PROGRESS HAS STALLED, RATE CUTS NOT IMMINENT

Core PCE still at 2.8%, above the 2% target. Labor market remains tight. "Policy will need to remain restrictive for some time." $NVDA - NVIDIA PRICE TARGET RAISED TO $300 AS AI DEMAND STRENGTHENS Gil Luria of DA Davidson raised the PT to $300 from $250, maintaining a Buy rating. Expects continued strong results driven by NVIDIA's central role in AI compute infrastructure.

Core PCE still at 2.8%, above the 2% target. Labor market remains tight. "Policy will need to remain restrictive for some time."