Fed holds rates steady, indicates 3 cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond. With …
Federal Reserve Bank
Rate cuts ahead? Fed, ECB and other central banks set for pivotal week
Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve’s Division of Research and Statistics Centennial Conference on November 08, 2023 in Washington, DC. Chip Somodevilla | …
Stock Markets: Soft landing in sight?
A sign at a Chick-fil-A fast-food restaurant in Columbia, South Carolina, advertises jobs at $15 per hour. Jeff Greenberg | Universal Images Group | Getty Images This report is from …
Runway getting clearer, U.S. economy still not assured of soft landing
A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images November’s solid jobs report did not assure …
U.S. Treasury yields: investors digest economic data
U.S. Treasury yields were higher on Wednesday as investors assessed the state of the economy after the release of labor market data. At 6:21 a.m. ET, the yield on the …
Too early to be betting on rate cuts?
Federal Reserve Board Chairman Jerome Powell speaks after a Federal Open Market Committee meeting on November 01, 2023 at the Federal Reserve in Washington, DC. Kevin Dietsch | Getty This …
‘Premature’ to talk about about cutting rates?
U.S. Federal Reserve Board Chairman Jerome Powell participates in a panel discussion at the 24th Jacques Polak Annual Research Conference on November 8, 2023 in Washington, DC. Alex Wong | …
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip …
2024 will get really sloppy in first half
Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy, sees a volatile path to his S&P 500 to 4,625 …
Fed’s Mester wants ‘much more evidence’ that inflation has been defeated
Cleveland Federal Reserve President Loretta Mester said Thursday that this week’s news showing lower levels of inflation isn’t enough to convince her that the central bank has won its battle …