Today: September 20, 2024
Today: September 20, 2024

Federal Reserve

Business

Fed officials ready to start full tilt balance sheet debate at March FOMC

By Michael S.

Fed officials ready to start full tilt balance sheet debate at March FOMC
Business

S&P expects US real GDP growth of 2.4% in 2024

Ratings agency S&P Global said on Wednesday it now expects U.S. real GDP growth of 2.4% in 2024.

S&P expects US real GDP growth of 2.4% in 2024
Business

Dollar rangebound, an array of PMI data awaited

The dollar held broadly steady on Thursday as traders awaited a slew of business activity surveys to gauge the health of major economies and what that may mean for the

Dollar rangebound, an array of PMI data awaited
Business

S&P 500 to end 2024 with small gain after strong 2023: Reuters poll

The S&P 500 will finish this year above the 5,000 mark, but up just a little more than 2% from its current level, as it remains unclear when the Federal

S&P 500 to end 2024 with small gain after strong 2023: Reuters poll
Business

US weekly jobless claims unexpectedly fall

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting that job growth likely remained solid in February.

US weekly jobless claims unexpectedly fall
Business

Applications for US jobless benefits fall again as labor market powers on

The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs

Applications for US jobless benefits fall again as labor market powers on
Business

Fed's Harker: Central bank likely on track for rate cut this year

By Michael S.

Fed's Harker: Central bank likely on track for rate cut this year
Business

Fed's Cook: need more confidence on inflation before cutting rates

U.S.

Fed's Cook: need more confidence on inflation before cutting rates
Business|News

Federal Reserve officials caution against cutting US interest rates too soon or too much

Several Federal Reserve policymakers are warning against cutting U.S. interest rates too soon or by too much in the wake of recent data showing inflation stayed unexpectedly high in January

Federal Reserve officials caution against cutting US interest rates too soon or too much
Economy

Marketmind: Record world stocks leave bonds in gloom

A look at the day ahead in U.S. and global markets from Mike Dolan Global stocks captured by MSCI's all-country index surpassed 2022's peaks on Friday and soared to new records - leaving bonds unloved

Marketmind: Record world stocks leave bonds in gloom
Business

U.S. investors retreat from equity funds on rate cut uncertainty

U.S. investors were net sellers of equity funds in the week to Feb. 21 as stubborn inflation reduced expectations the Federal Reserve would deliver a rates cut soon.

U.S. investors retreat from equity funds on rate cut uncertainty
Business

Brokerages predict September rate cut as market braces for Powell speech

Most brokerages have forecast a 25 basis points interest rate cut by the U.S.

Brokerages predict September rate cut as market braces for Powell speech
Business

Soaring US stocks could take cues from Fed as earnings wind down

Strong corporate results have helped fuel the S&P 500’s climb to new highs this year, taking the focus away from the Federal Reserve’s tortuous path towards

Soaring US stocks could take cues from Fed as earnings wind down
Business

Analysis-'Slam dunk' Treasury trade becomes test of patience as yields march higher

A sell-off in the U.S. government bond market is picking up speed, as a strong economy whittles away at hopes for imminent interest rate cuts from the Federal

Analysis-'Slam dunk' Treasury trade becomes test of patience as yields march higher
Economy

Fed's Schmid: No need to 'preemptively' cut rates

Kansas City Federal Reserve Bank President Jeffrey Schmid on Monday used a debut speech on policy to signal that he, like most of his central banking colleagues, is in no rush to cut

Fed's Schmid: No need to 'preemptively' cut rates
Economy

In the Market: Banks warily warm up to Fed repo backstop

Banks are finally signing up for a U.S.

In the Market: Banks warily warm up to Fed repo backstop
Business|Economy|News|World

Stock market today: Asian shares mixed after Wall St edges back from recent highs

Asian shares are mixed after U.S. stocks edged back from their record heights

Stock market today: Asian shares mixed after Wall St edges back from recent highs
Business

Fed's Bowman says she will stay 'cautious' on monetary policy

Federal Reserve Governor Michelle Bowman on Tuesday signaled she is in no rush to cut U.S. interest rates, particularly given upside risks to inflation that could stall progress or even

Fed's Bowman says she will stay 'cautious' on monetary policy
Business

Analysis - Supply still matters: Why US housing inflation relief may be short-lived

U.S.

Analysis - Supply still matters: Why US housing inflation relief may be short-lived
Business|Economy|News

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate

The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate
Economy

US fourth-quarter economic growth revised slightly lower

The U.S. economy grew at a solid clip in the fourth quarter amid strong consumer spending, the government confirmed on Wednesday, but it appears to have lost some speed early in

US fourth-quarter economic growth revised slightly lower
Business

Fed's Williams: Still ways to go to achieve 2% inflation goal

By Michael S. Derby GARDEN CITY, N.Y.

Fed's Williams: Still ways to go to achieve 2% inflation goal
Business

U.S. oil futures settle lower as Fed takes stock before cutting rates

U.S. crude oil futures settled lower on Wednesday after the Federal Reserve held firm on its decision to hold off cutting U.S. interest rates in the near

U.S. oil futures settle lower as Fed takes stock before cutting rates
Economy

Analysis-Fed's balance sheet endgame may play out over a longer-than-expected horizon

By Davide Barbuscia and Michael S.

Analysis-Fed's balance sheet endgame may play out over a longer-than-expected horizon
Business

US inflation increases in line with expectations in January

U.S. prices picked up in January, but the annual increase in inflation was the smallest in nearly three years, keeping a June interest rate cut from the Federal Reserve on the

US inflation increases in line with expectations in January

Follow