Top

Tag: Fed


News

US Breaking News: PCE Reveals Steady Progress Towards Fed’s 2% Target

January 26, 2024

Via: DailyFX

US core PCE showed good progress towards the Fed reaching its desired level of inflation after printing its lowest since figure since Q1 2021. The Fed’s 2% target however, is attached to the PCE Price Index which revealed the difficulty […]


News

Global stocks set to snap 9-week winning streak on Fed repricing

January 4, 2024

Via: Investing.com

Asian stocks wobbled on Friday, keeping global equities on track to snap a nine-week winning streak, while the dollar was poised for its strongest weekly advance since mid-July as bets on aggressive Federal Reserve rate cuts were rolled back. MSCI’s […]


Finance Tech, Trading

Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction

December 18, 2023

Via: CNBC

A Federal Reserve official said Monday that the market may have misunderstood the central bank’s intended message last week after stocks and bonds rallied sharply. The Fed voted last week to hold rates steady once again, and its updated projections […]


News

US public’s downbeat view of economy is real, Chicago Fed research shows

December 11, 2023

Via: Investing.com

Whether it’s the “collective trauma” cited by the American Psychological Association (APA) or the bad “vibes” noted by internet analysts, there has been a clear break between the U.S. economy’s performance and public attitudes about it, according to new research […]


Finance Tech, Liquidity

Gold Prices on Edge ahead of Key US Jobs Data, Trade Setups on XAU/USD

December 7, 2023

Via: DailyFX

Gold prices (XAU/USD) moved with limited conviction on Thursday, swinging between small gains and losses as investors avoided taking large directional bets on the asset for fear of getting caught on the wrong side of the trade ahead of key […]


News

UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession

November 14, 2023

Via: CNBC

UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost four times the market consensus, as the world’s largest economy tips into recession. In its 2024-2026 outlook for the U.S. […]


Finance Tech, Liquidity

Gold (XAU/USD) Slips Lower After Fed Powell’s Warning, UST 30-Year Bond Sale Flop

November 10, 2023

Via: DailyFX

Federal Reserve Chair Jerome Powell sent risk markets spinning lower, and bond yields higher after he said that the US central bank was not confident that the current monetary policy was restrictive enough to bring inflation down to target (2%). […]


News

Gold Price Update: Bullish Momentum Wanes Despite Softer USD, Yields

November 2, 2023

Via: DailyFX

The FOMC statement and presser resulted in a reduced expectation that the Fed will hike rates in December – the final meeting for the year. Jerome Powell attempted to keep the door open for another rate hike after expressing that […]


News

Fed holds rates steady, upgrades assessment of economic growth

November 1, 2023

Via: CNBC

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank’s target. In a widely expected move, the Fed’s rate-setting […]


News

Stock Market Today: Dow ends higher, but can’t escape 3rd monthly loss; Fed eyed

October 31, 2023

Via: Investing.com

The Dow closed higher Tuesday on the final day of trade for October, as investors digested a raft of corporate earnings, but stocks couldn’t avoid racking up a third-straight loss for the first time since March 2020. The Dow Jones […]


News

US Dollar Technical Setups: AUD/USD Plummets While USD/CAD Skyrockets

October 13, 2023

Via: DailyFX

The U.S. dollar, as measured by the DXY, embarked on a furious rally on Thursday after hotter-than-expected U.S. September inflation data sent Treasury yields sharply higher and increased the likelihood that the Fed will deliver another quarter-point rate hike at […]


Finance Tech, Liquidity

Gold Price Extend Losses in the Aftermath of the Fed, XAU/USD Upside Bets Grow

September 22, 2023

Via: DailyFX

Gold prices fell about -0.6 percent over the past 24 hours as financial markets continued digesting the aftermath and implications of the Federal Reserve interest rate decision. In response, retail traders have increased bullish exposure in the precious metal. This […]


News

Here’s what changed in the new Fed statement

September 20, 2023

Via: CNBC

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on July 26. Text removed from the July statement is in red with a horizontal line through the middle. […]


News

Fed declines to hike, but points to rates staying higher for longer

September 20, 2023

Via: CNBC

The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more hike before the end of the year and fewer cuts than previously indicated next year. That final increase, if realized, […]


Trading

U.S. stocks steady, dollar softens as weak data supports Fed pause

August 29, 2023

Via: Investing.com

U.S. stocks ended higher and the dollar extended its losses on Wednesday, as a slew of disappointing economic data raised the probability that the Federal Reserve will press the pause button in its efforts to rein in inflation. All the […]


Industries, Retail & Wholesale

U.S. stocks mixed after retail earnings, Fed minutes

August 16, 2023

Via: Investing.com

U.S. stocks are mixed after a slate of reports from major retailers such as Walmart and Target and as investors digested the minutes of the Federal Reserve’s meeting in July. At 10:05 ET (14:05 GMT), the Dow Jones Industrial Average […]


News

Analyst Warns Of Stock Market Risk Despite Fed’s Rate Hike Pause: Focus On This Policy Move

August 11, 2023

Via: Markets Insider

The Federal Reserve’s balance sheet reduction continues to threaten the stock market, despite nearing the end of its rate hikes, Business Insider reports. Ned Davis Research emphasized in a note on Thursday that the Fed’s quantitative tightening could impact stock […]


News

Here’s what changed in the new Fed statement

July 26, 2023

Via: CNBC

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in June. Text removed from the June statement is in red with a horizontal line through the middle. Text […]


Finance Tech, Liquidity

Oil prices rise ahead of inflation, Fed cues

July 10, 2023

Via: Investing.com

Oil prices rose in Asian trade on Tuesday, buoyed by the prospect of supply cuts in the world’s largest crude producers, while expectations of more stimulus measures in major importer China also helped support sentiment. Still, caution over upcoming U.S. […]


News

Fed Minutes Point To Uncertainty About Interest Rate Outlook

May 24, 2023

Via: Markets Insider

The Federal Reserve released the minutes of its May monetary policy meeting on Wednesday, indicating uncertainty about the outlook for interest rates. The minutes revealed participants generally agreed that in light of the lagged effects of cumulative tightening in monetary […]