Tag: Fed

June 24, 2024

The Fed has long weighed whether to expand operations of Fedwire and NSS as part of its pursuit of faster payments. After initially announcing in 2019 that it was considering extending the hours, the agency is finally getting around to […]

January 26, 2024

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 […]

January 4, 2024

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 […]

December 18, 2023

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 […]

December 11, 2023

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 […]

December 7, 2023

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 […]

November 14, 2023

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. […]

November 10, 2023

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%). […]

November 2, 2023

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 […]

November 1, 2023

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 […]

October 31, 2023

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 […]

October 13, 2023

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 […]

September 22, 2023

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 […]

September 20, 2023

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. […]

September 20, 2023

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, […]

August 29, 2023

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 […]

August 16, 2023

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 […]

August 11, 2023

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 […]

July 26, 2023

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 […]

July 10, 2023

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. […]