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

Federal Reserve

Business|Economy|News|World

Stock market today: Asia stocks rise with market focus on signs of interest rate cut

Asia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve

Stock market today: Asia stocks rise with market focus on signs of interest rate cut
Business|Economy|News|World

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlook

Shares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlook
Business|News|World

When are those rate cuts coming, already? The European Central Bank may be providing some hints

Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut

When are those rate cuts coming, already? The European Central Bank may be providing some hints
Business|News

US producer prices rose 2.1% from last year, most since April, as inflation remains stubborn

U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutting interest rates

US producer prices rose 2.1% from last year, most since April, as inflation remains stubborn
Business|News

Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates

Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it

Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates
Business

Fed's Daly: absolutely no urgency to cut US interest rates

San Francisco Federal Reserve President Mary Daly said on Friday there is still "a lot of work to do" to make sure inflation is on track to the Fed's 2% goal, and there is "absolutely" no

Fed's Daly: absolutely no urgency to cut US interest rates
Business

Fed's Goolsbee keeps policy focus on PCE after high consumer price readings

Chicago Federal Reserve President Austan Goolsbee said on Friday continued high consumer price index readings were concerning, but he remains focused on how the Fed's targeted

Fed's Goolsbee keeps policy focus on PCE after high consumer price readings
Business

Inflation still too high for Fed to cut interest rates, Schmid says

By Michael S.

Inflation still too high for Fed to cut interest rates, Schmid says
Business

US consumer sentiment slips; inflation expectations increase

U.S. consumer sentiment receded in April and households expected inflation to increase over the next 12 months and beyond, likely providing more ammunition for

US consumer sentiment slips; inflation expectations increase
Economy

Analysis-Funds selling options help temper US stock swings

Popular funds that sell options for income may be moderating the recent bout of volatility in U.S. stocks, extending the calming effect they

Analysis-Funds selling options help temper US stock swings
Economy

Analysis-Wall Street gears up for US tax season liquidity test

Wall Street is bracing for a potential bout of stress in money markets by putting some cash on the side ahead of U.S. tax day, when high tax-related outflows

Analysis-Wall Street gears up for US tax season liquidity test
Economy

IMF head says higher US rates could become a worry if they persist

IMF chief Kristalina Georgieva on Thursday said higher U.S. interest rates were not great news for the rest of the world and could become a worry if they

IMF head says higher US rates could become a worry if they persist
Business

US growth may be a global boon, but inflation could derail the train

U.S. economic growth that keeps motoring above its potential is emerging as a key prop for an ongoing global expansion, but spillovers from persistently high

US growth may be a global boon, but inflation could derail the train
Business

Futures bounce back from last session's battering amid Middle East jitters

U.S. stock index futures rose on Monday, after Wall Street witnessed a bruising sell-off on the back of disappointing earnings from some big U.S. banks last week and escalating tensions in

Futures bounce back from last session's battering amid Middle East jitters
Economy

Fed's reverse repo facility shrinks rapidly, lowest in nearly three years

A key Federal Reserve facility that takes in cash from money market funds and others saw inflows drop sharply on Monday.

Fed's reverse repo facility shrinks rapidly, lowest in nearly three years
Business

U.S. homebuilder confidence holds steady in April

U.S. homebuilder confidence held steady in April at the highest since last July, snapping four months of gains with uncertainty about interest rates keeping potential home buyers hesitant,

U.S. homebuilder confidence holds steady in April
Business

US Fed should not act urgently when it's not required, Daly says

San Francisco Federal Reserve Bank President Mary Daly said on Monday there is no urgency to cut U.S. interest rates, with the economy and labor market strong, and

US Fed should not act urgently when it's not required, Daly says
Business

Fed's Powell, Jefferson to square 'restrictive' policy with strong data

Federal Reserve Chair Jerome Powell and Vice Chair Philip Jefferson will make what are likely to be their last public comments before the U.S. central bank's

Fed's Powell, Jefferson to square 'restrictive' policy with strong data
Economy

Fed could keep monetary policy tight for longer if needed, Jefferson says

Federal Reserve Vice Chair Philip Jefferson, in remarks devoid of any mention of interest rate cuts, said on Tuesday "it will be appropriate to hold in place

Fed could keep monetary policy tight for longer if needed, Jefferson says
Business

Dollar steady, yen fragile after Fed comments dash rate cut bets

The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from Federal Reserve officials, including Chair Jerome

Dollar steady, yen fragile after Fed comments dash rate cut bets
Business|Economy|News|World

Stock market today: Asian benchmarks are mixed while US seems committed to current rates

Asian shares are trading mixed after most U.S. stocks slipped on firmer expectations that the Fed is committed to its current rate practices

Stock market today: Asian benchmarks are mixed while US seems committed to current rates
Business

Equifax sees second-quarter revenue below estimates as rates remain high

Credit ratings firm Equifax forecast on Wednesday its second-quarter revenue below estimates after strong economic data boosted chances of rates staying higher-for-longer, potentially

Equifax sees second-quarter revenue below estimates as rates remain high
Economy

Fed to cut US rates 'at some point, but no hurry, Mester says

Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs,

Fed to cut US rates 'at some point, but no hurry, Mester says
Business|News

The number of Americans applying for jobless benefits holds steady as labor market remains strong

The number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool it off

The number of Americans applying for jobless benefits holds steady as labor market remains strong
News|World

Fed to cut rates in September and maybe once more this year

The U.S.

Fed to cut rates in September and maybe once more this year

Follow