The Federal Reserve said on Thursday it was seeking feedback on how it operates its "discount window," which is intended to provide emergency lending to banks
September 05, 2024
Why investors are on edge ahead of Friday’s jobs report
September 05, 2024
U.S. services sector activity was steady in August, but employment gains slowed, consistent with an easing labor market.
September 05, 2024
The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling
September 05, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks look to have weathered the early September squall for now but interest rate speculation and ebbing bond yields now take
September 05, 2024
The U.S. dollar's decline is gaining speed as anticipated interest rate cuts by the Federal Reserve threaten to end the greenback's years-long period of
September 05, 2024
The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday. The U.S.
September 05, 2024
The Federal Reserve needs to cut interest rates to keep the labor market healthy, but it is now down to incoming economic data to determine by how much, San Francisco Fed
September 05, 2024
The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S. payrolls report,
September 04, 2024
Recent U.S. dollar weakness will stall in the coming three months despite financial market traders ramping up bets for Federal Reserve interest rate cuts,
September 04, 2024
U.S. economic activity expanded more slowly from the middle of July through late August and businesses pulled back on hiring, signals that underscore why the Federal
September 04, 2024
The Federal Reserve Bank of Philadelphia said on Wednesday it is launching a search to replace its current leader, Patrick Harker, who will retire next summer.
September 04, 2024
Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month, when their assessment of job-
September 04, 2024
U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but probably not enough for the Federal Reserve to consider a big interest
September 04, 2024
America’s employers posted fewer job openings in July than they had the previous month, a sign that hiring could further cool in the coming months
September 04, 2024
U.S. stocks finished slightly lower in choppy trading on Wednesday following labor market data and comments from a Federal Reserve official that bolster the case
September 04, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street seems to be making a habit of these early month stock plunges, with Tuesday's tremor a mild aftershock from the brief
September 04, 2024
Dow falls by more than 600 points as September turns ugly
September 03, 2024
U.S. corporate borrowers flooded the investment-grade and junk bond market on Tuesday, getting ahead of expected market volatility on this month's rates decision by the
September 03, 2024
U.S. stocks slumped on Tuesday, at the start of one of the market's historically worst months, ahead of data likely to influence how much the Federal Reserve will
September 03, 2024
As recently as two and a half months ago, most U.S. central bankers didn't see an interest rate cut in the cards at their Sept. 17-18 meeting.
September 03, 2024
A look at the day ahead in European and global markets from Tom Westbrook Today's U.S. ISM manufacturing survey is the first major indicator out in a big week for U.S. data and, likely, the dollar.
September 03, 2024
U.S. stocks tumbled to their worst day since an early August sell-off after another report raised worries about the economy's health
September 03, 2024
When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now essentially defeated
September 02, 2024
The dollar edged down on Monday but remained within striking distance of its highest level in almost two weeks as investors' focus moved to a U.S. jobs report due at the
September 01, 2024
A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data
August 30, 2024
U.S. bond funds racked up solid inflows in the week to Aug. 28 thanks to a robust purchase in government bond funds, driven by bets of a Federal Reserve interest rate cut in September and
August 30, 2024
Latest inflation data gives a ‘bright green light’ for a rate cut
August 30, 2024
The personal consumption expenditures (PCE) price index rose 0.2% last month after an unrevised 0.1% gain in June, the Commerce Department said on Friday, matching economists' forecasts.
August 30, 2024
Federal Reserve policymakers on Friday got fresh confirmation that inflation is continuing to ease, clearing the way for a first interest rate reduction next month as they
August 30, 2024
U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-
August 30, 2024
An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years
August 30, 2024
The average rate on a 30-year mortgage eased for the second week in a row and remains at its lowest level in more than a year
August 29, 2024
The number of Americans filing new applications for jobless benefits slipped last week, but re-employment opportunities for laid-off workers are becoming more
August 29, 2024
The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said in an upgrade of its initial assessment
August 29, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After all that, Nvidia beat expectations - which has become "expected" - and the stock retreated about 5%.
August 29, 2024
Federal Reserve Bank of Atlanta President Raphael Bostic on Wednesday said that with inflation down farther and the unemployment rate up more than he anticipated, it may be "time to move"
August 28, 2024
The U.S.
August 28, 2024
The interest rate for the most popular U.S. home loan slid to its lowest in 16 months, after Federal Reserve Chair Jerome Powell signaled the central bank was ready to lower borrowing
August 28, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Nvidia's post-bell earnings update on Wednesday is keeping stock markets everywhere in a holding pattern, while U.S.
August 28, 2024
Gold prices dropped on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world's largest economy for clues on the
August 28, 2024
By Michael S.
August 27, 2024
U.S. consumer confidence rose to a six-month high in August amid optimism over the economic outlook, but Americans are becoming more anxious about the labor
August 27, 2024
American consumers felt more confident in August as their outlook for the future improved
August 27, 2024
Jerome Powell's Jackson Hole speech has turned Sept. 6 and Sept. 18 into the two most important dates for U.S. monetary policy in years, as events on both
August 27, 2024
UBS Global Wealth Management has raised the odds of a U.S. recession to 25% from 20%, citing weakness stemming from softer jobs growth and the July unemployment data which stoked fears of
August 27, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks are back just shy of new record highs, lapping up the likely start of Federal Reserve easing next month but wary
August 27, 2024
San Francisco Federal Reserve President Mary Daly on Monday said "the time is upon us" to cut interest rates, likely starting with a quarter-percentage point reduction in
August 26, 2024
New orders for key U.S.-manufactured capital goods unexpectedly fell in July and data for the prior month was revised lower, suggesting a loss of momentum in
August 26, 2024
The S&P 500 finished lower on Monday, with AI heavyweight Nvidia dipping ahead of its quarterly report this week, while investors awaited inflation
August 26, 2024
In 2022, when the Federal Reserve's focus shifted to combating inflation, it had to ratchet up interest rates fast to get monetary policy caught up
August 26, 2024
With interest rate cuts virtually locked in, investors are ramping up their focus on economic data over the next few months as they game out whether the “soft landing”
August 26, 2024
Growing signs of lackluster growth and risks emerging to the job market overshadowed a gathering of global
August 26, 2024
For academics and policymakers gathered at the U.S.
August 25, 2024
Finally, America’s housing market is starting to loosen up. But it’ll be a bumpy road back
August 25, 2024
By Michael S.
August 24, 2024
The Federal Reserve's credibility in the eyes of financial markets helped in its battle against inflation over the past two years, but it had to
August 24, 2024
The imminent rate cuts planned by the U.S.
August 23, 2024
Federal Reserve Chair Jerome Powell made it clear on Friday the U.S. central bank would not shy away from pivoting to interest rate cuts in the
August 23, 2024
By Michael S.
August 23, 2024
Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech in Jackson Hole, Wyoming
August 23, 2024
Powell just suggested interest rate cuts are coming. What everyone wants to know now
August 23, 2024
‘The time has come’: The Fed just sent a crucial message about its next move
August 23, 2024
The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages
August 23, 2024
Federal Reserve Chair Jerome Powell said on Friday "the time has come" for the U.S. central bank to cut interest rates as rising risks to the job market left no room for further weakness
August 23, 2024
As inflation fell fast in 2023 and continued to slow this year, Federal Reserve officials were cheered that the steam seemed to come out of the
August 23, 2024
Dow closes more than 450 points higher after Fed’s Powell hints rate cuts are coming
August 23, 2024
Federal Reserve Chairman Jerome Powell signaled that lower interest rates may happen soon while speaking in Wyoming about the Fed's inflation fight. CNN's Julia Chatterley reports.
August 23, 2024
Sterling climbed to a more than two-year high on the dollar on Friday, on recent signs of strength in the UK economy and dovish comments from Federal Reserve Chair Jerome Powell that sent
August 23, 2024
Here are key quotes from Federal Reserve Chair Jerome Powell's speech on Friday to the Kansas City Fed's annual economic conference in Jackson Hole, Wyoming: POLICY: "The time has come for
August 23, 2024
Canada's main stock index rose to a record high on Friday, with energy and financials contributing to broad-based gains as Federal Reserve Chair Jerome Powell endorsed the
August 23, 2024
U.S. equity funds attracted significant inflows in the seven days to Aug. 21, bolstered by bets of a Federal Reserve rate cut in September and easing worries about a potential downturn in
August 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Jerome Powell takes centre stage at the Federal Reserve's Jackson Hole jamboree on Friday but the Fed chair would have to sound super
August 23, 2024
The South African rand jumped on Friday, after comments by Federal Reserve Chair Jerome Powell signalled an interest rate cut next month.
August 23, 2024
Europe's STOXX 600 ended near session-highs amidst broad-based gains on Friday, as global markets advanced after Federal Reserve Chair Jerome Powell
August 23, 2024
The dollar has been floored by an aggressive repricing of the U.S. interest rate outlook, but it's likely too soon to count the greenback out.
August 23, 2024
Federal Reserve Chair Jerome Powell on Friday endorsed an imminent start to interest rate cuts, saying further cooling in the job
August 23, 2024
Wall Street and global shares jumped on Friday toward all-time highs, while Treasury yields slumped and the dollar languished, after a speech by U.S.
August 23, 2024
The dollar fell and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an unambiguous signal that the
August 23, 2024
U.S. light crude oil gained more than 2% a barrel on Friday after comments by U.S.
August 23, 2024
A look at the day ahead in Asian markets.
August 22, 2024
Boston Federal Reserve President Susan Collins on Thursday expressed confidence the U.S. central bank will be able to bring
August 22, 2024
The dollar has been floored by an aggressive repricing of the U.S. interest rate outlook, but it's likely too soon to count the greenback out.
August 22, 2024
By Ann Saphir and Michael S.
August 22, 2024
By Michael S.
August 22, 2024
It will soon be appropriate for the Federal Reserve to begin a rate-cutting cycle, Boston Fed President Susan Collins said on Thursday, signaling her likely support for a rate cut at the
August 22, 2024
Kansas City Fed Bank President Jeff Schmid, one of the U.S. central bank's more hawkish policymakers, said on Thursday he was taking a closer look at the dynamics behind the rise in the
August 22, 2024
Central bankers from around the world fly into Jackson Hole, Wyoming, this week to attend what has become the globe's premier economic gathering, the Kansas City Federal
August 22, 2024
All three major U.S. stock indexes lost ground on Thursday, weighed by technology shares, as Treasury yields rose on easing recession fears and global central bank
August 22, 2024
U.S. stocks closed lower as Wall Street counted down to its main event for the week, a speech by Federal Reserve Chair Jerome Powell coming up on Friday
August 22, 2024
Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S.
August 22, 2024
The dollar rebounded from a 13-month low against the euro on Thursday before Federal Reserve Chair Jerome Powell is due to speak on Friday and as the greenback’s
August 21, 2024
Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool
August 21, 2024
The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government says
August 21, 2024
U.S. employers added far fewer jobs than originally reported in the year through March, the Labor Department said on Wednesday, underscoring the growing concerns the Federal Reserve has
August 21, 2024
By Michael S.
August 21, 2024
U.S. stocks advanced on Wednesday amid range-bound trading after investors parsed a steep downward revision in payrolls, and the release of the minutes from the
August 21, 2024
London's FTSE 100 ended slightly higher on Wednesday, as traders remained cautious ahead of release of the Federal Reserve's July meeting minutes and
August 21, 2024
U.S. stocks ticked higher after more big companies delivered profit reports that topped analysts’ expectations
August 21, 2024
Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside risks for
August 20, 2024
Trump backs off earlier claims that he should directly control interest rates
August 20, 2024
Federal Reserve officials gathering at the annual central banking conference in Jackson Hole, Wyoming, this week can take some satisfaction that the U.S.
August 20, 2024
U.S. stocks closed slightly lower on Tuesday, breaking their recent winning streak amid few market-moving catalysts ahead of the Jackson Hole Economic Symposium,
August 20, 2024
A look at the day ahead in European and global markets from Rae Wee There's a lot hinging on Federal Reserve Chair Jerome Powell's speech at the end of this week but, until then, stocks look set for a
August 20, 2024
U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year
August 20, 2024
Gold prices extended their record run on Tuesday, holding firm above the key $2,500 level, driven by a weaker dollar and growing investor confidence that the
August 20, 2024
Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation
August 20, 2024
The dollar hit a fresh seven-month low on Tuesday with traders bracing for comments from Federal Reserve Chair Jerome Powell due on Friday, which could provide clues about the speed of the
August 20, 2024
The U.S.
August 19, 2024
Minneapolis Fed President Neel Kashkari said it was appropriate to discuss potentially cutting U.S. interest rates in September because of the rising possibility of a weakening labor market
August 19, 2024
A look at the day ahead in U.S. and global markets from Samuel Indyk The volatility that rocked markets in early August appears to be back under control, and with the Kansas City Fed's Jackson Hole
August 19, 2024
Four years after Federal Reserve Chair Jerome Powell made fighting unemployment a bigger priority during the COVID-19 pandemic, he faces a pivotal test of
August 19, 2024
U.S. stocks advanced on Monday, building on their largest weekly percentage gain of the year as investors focused on the Democratic National Convention and the
August 19, 2024
Stock markets in the Gulf ended mixed on Monday on rising expectations of a U.S. interest rate cut next month, and amid weak oil demand.
August 19, 2024
London stocks ended higher on Monday, boosted by a rise in metal mining shares as prices of most base and precious metals advanced, while homebuilder
August 19, 2024
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from 25% following the latest weekly jobless claims and retail sales reports.
August 19, 2024
A look at the day ahead in European and global markets from Wayne Cole.
August 19, 2024
The dollar fell to a seven-month low and the Japanese yen hit a more than one-week high as traders awaited comments from Federal Reserve Chair Jerome Powell this
August 19, 2024
San Francisco Federal Reserve Bank President Mary Daly said it is time to consider adjusting borrowing costs from their current range of 5.25% to 5.5%, in an interview with the Financial
August 18, 2024
Speculators raised their net short bets on five-year Treasuries to the largest on record in the latest week, while bearish bets on 10-year Treasury futures were the largest since January,
August 16, 2024
U.S. stocks drifted higher as Wall Street coasted to the close of its best week since November
August 16, 2024
Global shares pushed higher on Friday, adding to weekly gains, after encouraging U.S. economic data helped soothe fears of a recession in the
August 16, 2024
The dollar fell against the yen on Friday, and was softer against other peers as traders took profits and investors sifted through economic data to gauge the
August 15, 2024
Pivotal new stats suggest a turnaround for homebuyers might be here at last, analysts say.
August 15, 2024
Homeowners are rushing to refinance their mortgages after rates finally dropped
August 15, 2024
Sales at stores are suddenly surging in the US economy’s latest show of strength
August 15, 2024
Sales at US retailers unexpectedly surged in July, the Commerce Department reports, rising by 1% from the prior month, up from June’s downwardly revised 0.2% decline.
August 15, 2024
A look at the day ahead in European and global markets from Kevin Buckland This week, and this month, are once again showing that data is king, with investors parsing recent economic releases for
August 15, 2024
Wall Street rallied close to its record heights after data showed the U.S. economy is holding up better than expected
August 15, 2024
And just like that... it was gone.
August 14, 2024
Wall Street ticked higher after the latest update on inflation came in almost exactly as economists expected
August 14, 2024
Atlanta Federal Reserve President Raphael Bostic on Tuesday said recent economic data has made him "more confident" the U.S. central bank can get inflation back to its 2% target, but he
August 13, 2024
U.S. producer prices increased less than expected in July as the cost of services fell by the most in nearly 1-1/2 years amid signs of diminishing pricing
August 13, 2024
Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month
August 13, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Much like Wall Street's rapid healing on Friday, Japanese stocks completed their week-long, hair-raising round trip on Tuesday as
August 13, 2024
JD Vance has endorsed former President Donald Trump’s call for the White House to have “a say” over the Federal Reserve’s interest rate policies — a view that runs counter to decades of economic research suggesting that politically independent central banks are essential to controlling inflation and maintaining confidence in the global financial system
August 12, 2024
Middle- and low-income U.S. families now have significantly fewer liquid resources like bank deposits than they were on track to have before the disruptions of the COVID-19
August 12, 2024
U.S. consumers' medium-term inflation expectations eased substantially in July even as their near- and longer-term outlooks for price pressures held steady, although households are
August 12, 2024
U.S. Vice President Kamala Harris believes the Federal Reserve should make decisions independent of the president, CNBC reported on Friday, citing a Harris aide.
August 09, 2024
Trump says he ‘made a lot of money’ so he should have a say in when you get a rate cut
August 09, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The first reality check on July's jarring U.S. employment report suggests rising recession fears were overstated, allowing stocks to
August 09, 2024
U.S. stocks closed a wild, whipsaw week for Wall Street with modest gains
August 09, 2024
Kansas City Federal Reserve Bank President Jeff Schmid, one of the U.S. central bank's more hawkish policymakers, said on Thursday that recent "encouraging" data gives him more confidence
August 08, 2024
Federal Reserve policymakers are increasingly confident that inflation is cooling enough to allow interest-rate cuts ahead, and they will take their cues on the size and
August 08, 2024
Mortgage rates plunge to lowest level in more than a year
August 08, 2024
The number of Americans filing new applications for unemployment benefits fell more than expected last week, suggesting fears the labor market is unraveling were overblown and the gradual
August 08, 2024
A sharp slowdown in the U.S. job market that touched off days of global stock-market turmoil also fueled speculation the Federal Reserve may not wait until its
August 08, 2024
U.S.
August 07, 2024
The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy
August 07, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan In an extraordinary round trip over the past week, world markets have rebounded sharply from days of turbulence - thanks in part to
August 07, 2024
The Federal Reserve may be a bit late cutting interest rates, but it's not yet behind the curve in forestalling a U.S. recession.
August 07, 2024
The U.S. economy is still on track for a soft landing despite signs of further weakening, but the country's deteriorating fiscal profile is prompting U.S. bond
August 06, 2024
Shares of utilities companies are presenting investors with a rare bright spot in the U.S. stock selloff, as turbulent markets prompt a shift away from the high
August 06, 2024
The U.S. dollar will claw back some of its recent losses over the coming three months on expectations financial markets have again gone too far in pricing in
August 06, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The speed and scale of Tuesday's 10% Tokyo bounce after its worst day in 37 years suggests the wild global market swings of the past
August 06, 2024
An unexpectedly weak U.S. employment report, featuring a post-pandemic high in the jobless rate, has rekindled worries a recession may be in the offing that
August 06, 2024
The New York Federal Reserve said it accepted $316.246 billion submitted to its overnight reverse repo facility on Monday, the lowest
August 05, 2024
San Francisco Federal Reserve Bank President Mary Daly on Monday said she is "more confident" U.S. inflation is headed toward the Fed's 2% goal.
August 05, 2024
A recent U.S.
August 05, 2024
The financial market upheaval of the last several days may soon offer a silver lining to millions of U.S. households: Mortgage rates look set to fall further,
August 05, 2024
The Federal Reserve issued new guidance on Monday for larger U.S. banks detailing how they should develop "living wills" detailing how they can be safely dissolved.
August 05, 2024
Slowing job growth should come as no surprise.
August 05, 2024
Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday
August 05, 2024
After a weaker-than-expected jobs report in July, markets have taken a tumble. CNN's Rahel Soloman explains why stocks are plunging and what you should do with your portfolio.
August 05, 2024
"Up the escalator, down the elevator shaft" is a well-worn FX market maxim describing the dollar's typical moves against the yen.
August 05, 2024
U.S. central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is in recessionary
August 05, 2024
A closely watched part of the U.S.
August 05, 2024
A surge in the yen to a seven-month high led a broad dollar fall, as a slew of economic data last week raised the prospect of a U.S. economic
August 04, 2024
Billionaire Elon Musk said on Sunday the Federal Reserve needs to cut interest rates and that it was foolish for the U.S. central bank not to have done so already.
August 04, 2024
3 reasons to worry about July’s weak jobs report — and 1 reason not to panic
August 03, 2024
By Michael S.
August 02, 2024
A surprisingly weak U.S. employment report for June has turned Wall Street confidence on a soft landing into near panic that a recession is looming, prompting major firms to change
August 02, 2024
A sharp repricing in U.S. interest rate cut expectations could give more fuel to a searing bond rally triggered by weakening economic data, as investors
August 02, 2024
The disappointing U.S. employment report for July unleashed a "Freakout Friday" moment in financial markets and triggered a wholesale resetting of expectations for how much
August 02, 2024
The turmoil shaking global financial markets reflects a sudden fear that the Federal Reserve may have held its key interest rate too high for too long, heightening the risk of a U.S. recession
August 02, 2024
Chicago Federal Reserve Bank President Austan Goolsbee said on Friday the U.S. central bank should move in a "steady" way, a mild pushback against the rush of market bets that the Fed will
August 02, 2024
Worries over tech earnings and a slowing U.S. economy slammed the Nasdaq Composite index on Friday as it extended recent declines to fall 10% below
August 02, 2024
Investors put money into U.S. equity funds in the week through July 31 as they anticipated the Federal Reserve would signal interest rate cuts following its policy meeting, though an
August 02, 2024
U.S. job growth slowed more than expected in July, while the unemployment rate increased to 4.3%, which could heighten fears that the labor market is deteriorating and potentially making
August 02, 2024
Traders bet on Friday that the Federal Reserve will start easing policy in September with a big half-percentage-point interest rate cut, after government data showed employers added far
August 02, 2024
U.S. central bankers may be having second thoughts about their decision earlier this week to hold borrowing costs steady, after a government report on Friday showed the job
August 02, 2024
Economic fears are roiling Wall Street, as worries grow that the Federal Reserve may have left interest rates elevated for too long, allowing them to hurt U.S.
August 02, 2024
The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will
August 01, 2024
The S&P 500 fell more than 2% and the Nasdaq more than 3% at one point late on Thursday, reversing early gains and closing the first session of August sharply lower after data spurred
August 01, 2024
The average rate on the popular U.S. 30-year mortgage rate fell to 6.73% this week, its lowest level since February as the bond market reacted to signs of
August 01, 2024
Dow closes nearly 500 points lower as investors fear the US economy is faltering
August 01, 2024
As the first U.S. interest rate cut in this cycle draws closer, long and short positions in the Treasury futures market, and overnight repo lending
August 01, 2024
U.S. construction spending unexpectedly fell in June and the prior month's data was revised lower as higher mortgage rates weighed on single-family homebuilding.
August 01, 2024
The Fed is about to do something it hasn’t done since the pandemic
August 01, 2024
U.S. stocks kicked off August sharply lower after a round of economic data on Thursday spurred concerns the economy may be slowing faster than anticipated
August 01, 2024
U.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth
August 01, 2024
As U.S. rate cuts come into view, investors are confronting a new challenge: figuring out whether the Federal Reserve will be able to ease
August 01, 2024
The dollar gained on Thursday as rising geopolitical tensions drove a safe-haven boost, while the British pound fell after the Bank of England cut interest rates
August 01, 2024
A look at the day ahead in Asian markets.
July 31, 2024
Federal Reserve Chair Jerome Powell said recent inflation data is increasing the central bank's confidence that inflation pressures are moving back to the 2% target.
July 31, 2024
The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon as its next meeting in September as inflation continues coming into line
July 31, 2024
Traders on Wednesday added to bets the Federal Reserve will start easing in September and go big when it does, even after Fed Chair Jerome Powell said policymakers are not thinking about a
July 31, 2024
Fitch Ratings said on Wednesday it expects the U.S. Federal Reserve to cut interest rates twice this year - in September and December.
July 31, 2024
Pay and benefits for America’s workers grew more slowly in the April-June quarter than in the first three months of the year, a trend that could keep price pressures in check and encourage the inflation-fighters at the Federal Reserve
July 31, 2024
Gold prices extended gains on Wednesday after Federal Reserve Chair Jerome Powell hinted that an interest rate cut could be on the table as
July 31, 2024
The S&P 500 and Nasdaq scored their biggest daily percentage gains since Feb. 22 and the Dow rose on Wednesday as chip stocks rallied and the Federal Reserve kept
July 31, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information in a very short space of time - with a
July 31, 2024
Benign inflation data and a cooling job market aside, U.S. credit conditions featuring tepid loan demand and stiff terms may also be bolstering confidence among Federal
July 31, 2024
Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected
July 31, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Investors in Europe will wake up to a volatile yen after the BOJ raised interest rates in a long-awaited move and a growing
July 31, 2024
MSCI'S global equities index registered its biggest daily gain in over five months on Wednesday and the dollar slightly pared losses after the U.S.
July 31, 2024
The dollar added to losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs as soon as its next
July 30, 2024
Federal Reserve Chair Jerome Powell has set the stage for the central bank’s first rate cut in four years
July 30, 2024
For more than a year, the U.S. stock market went in mostly one direction, up, and in mostly one manner, quietly
July 30, 2024
U.S. job openings fell modestly in June and data for the prior month was revised higher, suggesting the labor market continued to gradually slow and was not in
July 30, 2024
U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates
July 30, 2024
Bond investors, expecting the Federal Reserve to hold interest rates steady this week but signal that rate cuts are imminent, are betting that the U.S.
July 30, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan To the extent that worries about pricey tech stocks and rising AI capex spending were partly behind last week's market shakeout,
July 30, 2024
European shares closed higher on Tuesday, boosted by earnings-driven gains across several pockets of the market, with focus squarely on the Federal
July 30, 2024
Asian stocks are mostly higher following a decision by the Bank of Japan to raise its benchmark interest rate
July 30, 2024
Federal Reserve efforts to overhaul a key emergency lending facility historically viewed with anxiety by banks are now being joined by potential congressional action.
July 29, 2024
The S&P 500 closed barely higher after Monday's choppy trading session as investors held their breath ahead of a raft of big technology company earnings, a
July 29, 2024
The Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week but open the door to interest rate cuts as soon as
July 29, 2024
Inflation is nearing the Federal Reserve's 2% target, and the central bank is expected to begin cutting interest rates as soon as September.
July 29, 2024
The longest and deepest U.S. Treasury yield curve inversion in history, a key bond market signal of an upcoming recession, could be nearing its end.
July 29, 2024
European shares ended a touch lower on Monday as investors remained risk averse at the start of an earnings-packed week, while global risk events such
July 29, 2024
Global stocks advanced and longer-dated U.S. yields slipped on Monday, at the start of a week jammed with earnings and a trio of central
July 28, 2024
A look at the day ahead in Asian markets.
July 28, 2024
Smart moves to make when the Fed starts cutting rates
July 27, 2024
Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September
July 26, 2024
Dow closes more than 600 points higher as investors gear up for rate cuts
July 26, 2024
Federal Reserve policymakers on Friday got fresh evidence of progress on inflation, fueling expectations they will use the U.S. central bank's meeting next week to signal they
July 26, 2024
The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates in September
July 26, 2024
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation
July 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The end of a hair-raising week for the stock market has left more questions than answers, with Thursday's bumper U.S. growth data
July 26, 2024
Rattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a
July 26, 2024
Often the scariest thing in markets is a rout without a trigger. People are still unsure about the precise cause of the October 1987 crash, for example.
July 26, 2024
A gauge of global stocks climbed for the first time in four sessions on Friday as equities steadied after a sharp selloff and U.S. economic data showed an
July 26, 2024
Federal Reserve policymakers are seen leaving their short-term interest-rate target in the 5.25%-5.50% range next week and waiting until September to start a string of quarter-point
July 25, 2024
Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels
July 25, 2024
By Michael S.
July 25, 2024
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates
July 24, 2024
U.S. existing home sales fell more than expected in June as the median house price set another record high, but improving supply and declining mortgage rates
July 23, 2024
The Federal Reserve will cut interest rates just twice this year, in September and December, as resilient U.S. consumer demand warrants a cautious approach
July 23, 2024
The worst may be over for homebuyers
July 23, 2024
In September 2021, after absorbing three months of price hikes that were more than double the Federal Reserve's 2% target, U.S. central bank staff and
July 22, 2024
The U.S.
July 19, 2024
Top U.S. asset manager Vanguard favors high-rated corporate debt over riskier high-yield companies' bonds as it seeks protection against the possibility a
July 19, 2024
Global equity funds attracted inflows for a fourth successive week in the seven days to July 17, spurred by expectations of a Federal Reserve rate cut after recent data showed cooling
July 19, 2024
Investors have locked onto the U.S. central bank's Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said
July 19, 2024
The dollar climbed on Friday and was set to snap a two-week streak of declines as a worldwide cyber outage that affected banks, airlines and broadcasters
July 19, 2024
The average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its lowest level since mid-March this week, a welcome development for a housing
July 18, 2024
The International Monetary Fund on Thursday said the U.S.
July 18, 2024
The number of Americans filing new applications for unemployment benefits increased more than expected last week, but that did not signal a material shift in
July 18, 2024
U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level
July 18, 2024
The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again
July 18, 2024
Gold prices edged higher on Thursday, as expectations of a September interest rate cut from the U.S. Federal Reserve continue to gather momentum.
July 18, 2024
Oil prices steadied on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the U.S. contending with
July 18, 2024
Trump says he wouldn’t fire Fed Chair Jerome Powell. Don’t hold your breath
July 17, 2024
Consumer credit ratings firm Equifax forecast third-quarter revenue below Wall Street estimates on Wednesday as higher-for-longer interest rates continue to derail recovery in mortgage
July 17, 2024
U.S. economic activity expanded at a slight to modest pace from late May through early July with firms expecting slower growth ahead as they also reported
July 17, 2024
Loretta Mester, having worked in the Federal Reserve system her entire career, rose to become president of the Cleveland Fed for a decade until her retirement on June 30
July 17, 2024
By Michael S.
July 17, 2024
By Howard Schneider and Michael S.
July 17, 2024
Donald Trump will not try ousting Federal Reserve Chair Jerome Powell before the central banker's term ends and would consider JPMorgan CEO Jamie Dimon for
July 16, 2024
Dow and S&P 500 close at record highs as investors bet on September rate cut
July 16, 2024
Federal Reserve Governor Adriana Kugler on Tuesday expressed cautious optimism that inflation is returning to the U.S. central bank's 2% target, with goods,
July 16, 2024
Cooling inflation data is allowing the Federal Reserve to begin a "very reasonable" shift toward easing rates, but a still-strong U.S. labor market means that
July 16, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After a jarring Monday that spurred a wave of U.S. election trades, world markets zeroed in Federal Reserve easing hopes, China's
July 16, 2024
Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record
July 16, 2024
World stock indexes mostly rose and the U.S. dollar gained against the yen on Tuesday after solid U.S. retail sales data was taken as
July 16, 2024
The dollar rose on Tuesday, on track for a second straight daily gain, after a reading of retail sales proved to be firmer than expected, but was still soft
July 16, 2024
Oil prices settled more than 1% lower on Tuesday, the third straight day of losses, on worries of a slowing Chinese economy crimping demand, though declines
July 15, 2024
San Francisco Federal Reserve Bank President Mary Daly on Monday said "confidence is growing" that inflation is heading toward the U.S. central bank's 2% goal, the bar that policymakers
July 15, 2024
Federal Reserve Chair Jerome Powell said on Monday the three U.S. inflation readings over the second quarter of this year do "add somewhat to confidence" that the pace of price increases
July 15, 2024
Chair Jerome Powell said the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually reached that point
July 15, 2024
Federal Reserve Chair Jerome Powell on Monday said he has no plans to leave his post as head of the U.S. central bank before his term expires, pouring cold
July 15, 2024
Federal Reserve Chair Jerome Powell said on Monday the three U.S. inflation readings over the second quarter of this year "add somewhat to confidence" that
July 15, 2024
Credit rejection rates were higher in June than earlier in 2024 but slightly lower than a year ago, new data from the Federal Reserve Bank of New York said on Monday.
July 15, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The shock shooting on Saturday of former President Donald Trump, who is seeking a return to the White House, is
July 15, 2024
Wall Street closed higher on Monday, building on Friday's rally as increasing expectations of a second Donald Trump presidency in the wake of a failed assassination
July 15, 2024
Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from U.S. central bank officials taking stock of
July 15, 2024
The Federal Reserve has proposed new rules that would allow it to gather granular details about banks' exposure to shadow banks, a move that shows how regulators are
July 15, 2024
A look at the day ahead in European and global markets from Stella Qiu. Shock at the attempt to assassinate former President Donald Trump is driving markets this Monday.
July 15, 2024
The dollar fell slightly on Monday after comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt
July 14, 2024
Goldman Sachs has lodged an appeal with the U.S.
July 14, 2024
Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or
July 12, 2024
Executives from top U.S. banks remained divided over the U.S.
July 12, 2024
Unexpected bad news for inflation: Wholesale prices rose in June
July 12, 2024
U.S. producer prices increased slightly more than expected in June amid a rise in the cost of services, but that did not change expectations that the Federal
July 12, 2024
Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain elevated
July 12, 2024
India's No.3 IT services provider HCLTech reported a 6.7% rise in first-quarter revenue on Friday, and projected growth in most
July 12, 2024
Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing
July 12, 2024
U.S. stocks rose after some mixed signals on big banks’ profits and inflation did little to dent Wall Street’s belief that easier interest rates are on the way
July 12, 2024
Chicago Federal Reserve Bank President Austan Goolsbee said on Thursday the U.S. economy looks like it is back on track to 2% inflation after a bump up earlier this
July 11, 2024
Federal Reserve Bank of St.
July 11, 2024
The International Monetary Fund said on Friday it continues to believe that the Federal Reserve could start cutting interest rates later this year and should
July 11, 2024
San Francisco Federal Reserve Bank President Mary Daly on Thursday said that recent cooler inflation readings are a "relief" and she expects further easing in both price
July 11, 2024
The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices
July 11, 2024
The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May, which helped to slow the annual rate of inflation to 3% from 3.3% in May, according to the Bureau of Labor Statistics’ latest report.
July 11, 2024
U.S. consumer prices unexpectedly fell in June and the annual increase was the smallest in a year, reinforcing views that the disinflation trend was back on track and drawing the Federal
July 11, 2024
The number of Americans filing new applications for unemployment benefits dropped more than expected last week, but volatility around this time of the year as automobile
July 11, 2024
The "last mile" of the Federal Reserve's battle against inflation may have shortened to a last lap after U.S. consumer prices unexpectedly fell in
July 11, 2024
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents, firmly putting disinflation back on track and
July 11, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan If Federal Reserve boss Jerome Powell had any inkling of the June U.S. inflation readout when speaking to Congress this week, then
July 11, 2024
Oil prices rose for the second consecutive session on Thursday with the Brent benchmark settling above $85 a barrel as hopes rose for U.S. interest rate cuts after
July 10, 2024
The Federal Reserve is closely watching changes in the unemployment rate and would respond if it starts a quick climb, Fed Governor Lisa Cook said on Wednesday.
July 10, 2024
U.S. inflation should continue to fall without a significant further rise in the unemployment rate, Federal Reserve Governor Lisa Cook said on Wednesday.
July 10, 2024
Optimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is nearly under control, with the latest report on consumer prices expected to show another month of mild increases
July 10, 2024
Federal Reserve Chair Jerome Powell reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it’s likely to begin cutting interest rates soon
July 10, 2024
Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank will make interest rate decisions "when and as" they are needed, pushing back on a
July 10, 2024
Shares are mixed in Asia, while Tokyo's Nikkei 225 index has closed at another record high as investors awaited further comments by Federal Reserve Chair Jerome Powell before Congress
July 10, 2024
The prospect of near-term interest rate cuts is bolstering the case for investors to remain bullish after a run in U.S. stocks that may soon be tested by
July 10, 2024
The dollar dipped on Wednesday after Federal Reserve Chair Jerome Powell indicated that the U.S. central bank is getting closer to cutting interest rates but wants to see
July 10, 2024
A look at the day ahead in Asian markets. Is a U.S. interest rate cut coming? If so, when?
July 09, 2024
Rent and housing costs are keeping U.S. inflation higher than preferred but consumer price pressures will continue to come down over time,
July 09, 2024
By Michael S.
July 09, 2024
Key takeaways from Fed Chair Powell’s testimony on Capitol Hill
July 09, 2024
Inflation "remains above" the U.S.
July 09, 2024
The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony to Congress, a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's moving closer to cutting interest rates
July 09, 2024
The S&P 500 and Nasdaq notched record-high closes on Tuesday, fueled by gains in Nvidia after U.S.
July 09, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After an intense month focused on election risk around the world, markets quickly switched back to the more prosaic matter of the
July 09, 2024
The U.S.
July 09, 2024
Stocks closed mixed on Wall Street after testimony from Federal Reserve Chair Jerome Powell in front of Congress provided little new guidance on the Fed's plans on when it might lower interest rates
July 09, 2024
MSCI's global equities index bumped around in a narrow range while edging lower on Tuesday while U.S. Treasury yields rose after U.S.
July 09, 2024
The dollar gained on Tuesday after Federal Reserve Chair Jerome Powell acknowledged progress in inflation and a cooling job market, but did not give a clear signal that
July 09, 2024
A look at the day ahead in Asian markets.
July 08, 2024
A surge in the U.S. labor force in recent years may have driven up the number of new jobs needed to avoid a rise in the unemployment rate to around 230,000 a month, according
July 08, 2024
By Michael S.
July 08, 2024
The S&P 500 and Nasdaq notched record-high closes on Monday as investors awaited fresh inflation data, commentary from Federal Reserve Chair Jerome
July 08, 2024
The Federal Reserve is highlighting the importance of its political independence at a time when Donald Trump, who frequently attacked the Fed’s policymaking in the past, edges closer to formally becoming the Republican nominee for president again
July 05, 2024
Inflation is easing and the job market has returned to the "tight but not overheated" situation seen before the COVID-19 pandemic threw the U.S. economy into disarray,
July 05, 2024
Federal Reserve policymakers got more evidence of U.S. labor-market cooling on Friday that could boost their confidence they are winning their fight on inflation, and open the
July 05, 2024
STORY: U.S. job growth slowed to a still-healthy pace in June, with the unemployment rate rising to 4.1%, increasing the chances that the Federal Reserve will be able to tame
July 05, 2024
Investors hoovered up U.S. equity funds in the week to July 3 as data indicating a softening economy and U.S.
July 05, 2024
Global investors piled into equity funds in the week to July 3 on expectations of U.S. rate cuts following weaker economic indicators and dovish remarks from Federal Reserve Chair Jerome
July 05, 2024
The Federal Reserve has taken great strides in lowering inflation back down toward its 2% target rate but is still "a way" from achieving the goal, New York Fed Bank President John
July 05, 2024
U.S. employment increased solidly in June, but government and healthcare services hiring made up about three-quarters of the payrolls gain and the unemployment
July 05, 2024
The U.S. dollar index stayed slightly lower on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose,
July 05, 2024
The American job market likely cooled last month while still remaining fundamentally healthy, which would be welcome news for the Federal Reserve in its drive to fully tame inflation
July 04, 2024
Foreign investors channelled massive money into Asian equities in June, after two months of selling, as easing U.S. price pressures raised hopes that the Federal Reserve
July 04, 2024
Japan's benchmark Nikkei 225 has surged to a record close of 40,913.65, leading markets in most of Asia higher
July 04, 2024
Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling
July 03, 2024
Federal Reserve officials at their last meeting acknowledged the U.S. economy appeared to be slowing and that "price pressures were diminishing," but still
July 03, 2024
First-time applications for U.S. unemployment benefits increased last week, while the number of people on jobless rolls rose further to a 2-1/2 year high
July 03, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Federal Reserve chair Jerome Powell managed to smooth some election-ruffled feathers in bond markets on Tuesday, helping
July 03, 2024
The S&P 500 index and technology-laden Nasdaq rose on Wednesday to post record high closes, as data pointing to a softening economy
July 03, 2024
Asian shares are trading mostly higher after Tesla zoomed upward, helping drive the U.S. stock market to more records
July 03, 2024
A look at the day ahead in European and global markets from Ankur Banerjee It was a risk-on session in Asia, with European bourses poised for a similar start in the wake of comments by Fed Chair
July 03, 2024
By Michael S.
July 03, 2024
The U.S. Federal Reserve is due to release the results of its annual bank health checks on Wednesday at 4:30 p.m. ET (2030 GMT).
July 03, 2024
By Michael S.
July 03, 2024
The Federal Reserve must "exhibit care" as it aims to finish the job of bringing inflation under control, San Francisco Fed President Mary Daly said on Monday, noting that
July 03, 2024
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week's Federal Reserve health checks,
July 03, 2024
World equities rose while the U.S. dollar fell on Wednesday following soft labor market data that buoyed investor expectations of Federal Reserve interest rate
July 03, 2024
The U.S.
July 02, 2024
By Michael S.
July 02, 2024
By Howard Schneider YORK, Pa.
July 02, 2024
U.S. consumer prices increased in September amid a surprise surge in rental costs, but a steady moderation in underlying inflation pressures supported
July 02, 2024
Federal Reserve officials throughout this year had pinned their hopes for falling inflation in part on an expected easing of U.S. housing price increases
July 02, 2024
The dollar dropped on Thursday after Federal Reserve Chair Jerome Powell was interpreted as being generally dovish in comments made at an economic forum, even as
July 02, 2024
Stocks tumbled on Thursday, under pressure from investor caution over the Middle East conflict and from the largest one-week rise in 10-year Treasury yields in 18
July 02, 2024
U.S. stocks ended solidly lower on Thursday, with shares of Tesla falling after its results and Treasury yields surging as Federal Reserve Chair Jerome
July 02, 2024
The U.S. economy's strength and continued tight labor markets could warrant further Federal Reserve interest rate increases, Fed Chair Jerome Powell said on Thursday in
July 02, 2024
The dollar touched the closely watched 150 level against the yen on Friday, before falling back again, as investors positioned for the
July 02, 2024
Early next month, the Federal Reserve Bank of New York will take on what has become something of a fraught subject for the central bank: climate change.
July 02, 2024
U.S. stocks tumbled on Thursday, dragged by tech and tech-adjacent megacap shares as investors digested mixed quarterly earnings and signs of economic resiliency
July 02, 2024
The U.S. dollar fell against most currencies on Wednesday as investors perceived that Federal Reserve Chairman Jerome Powell's statements after its two
July 02, 2024
The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that
July 02, 2024
Barclays said it now expects the U.S. Federal Reserve to deliver a 25 basis point interest rate increase in January instead of an earlier expectation for a December hike.
July 02, 2024
U.S.
July 02, 2024
By Ann Saphir and Michael S.
July 02, 2024
MSCI's global stock index turned higher on Tuesday while the dollar fell as a Federal Reserve official suggested that the U.S. central bank
July 02, 2024
MSCI'S global stock index edged lower on Thursday, the last day of its strongest month since November 2020, while bond yields and the dollar
July 02, 2024
U.S.
July 02, 2024
U.S. manufacturing remained subdued in November, with factory employment declining further as hiring slowed and layoffs increased, more evidence that the
July 02, 2024
A gauge of global stocks declined for a second straight session and U.S.
July 02, 2024
A gauge of global equities rose on Wednesday following consecutive declines to start the week, while longer-dated U.S.
July 02, 2024
U.S. unit labor costs were much weaker than initially thought in the third quarter amid robust worker productivity, providing a boost to the Federal Reserve's
July 02, 2024
World stocks teetered close to their first weekly loss since October, government bond prices dropped and the dollar firmed as strong U.S
July 02, 2024
The S&P 500 ended little changed on Friday but registered a seventh straight week of gains in its longest weekly winning streak since 2017 after this
July 02, 2024
The Federal Reserve can begin reducing interest rates "sometime in the third quarter" of 2024 if inflation falls as expected, Atlanta Fed President Raphael
July 02, 2024
As a strong year in U.S. stocks winds down, fund managers face a potentially consequential choice in 2024: stick with the few massive growth and technology
July 02, 2024
Asian stocks took a breather on the last trading day of the year and are set to snap their two-year losing streak with investors buoyed by the expectations that
July 02, 2024
Federal Reserve officials project the U.S. central bank will cut its benchmark overnight interest rate during 2024, but the timing and pace of the reductions in borrowing costs will depend
July 02, 2024
Chicago Federal Reserve President Austan Goolsbee on Thursday called 2023 a "hall-of-fame" year for falling inflation, which has paved the way for a few U.S. interest rate
July 02, 2024
Banks on Tuesday will urge the U.S.
July 02, 2024
The Federal Reserve will conclude a two-day policy meeting on Wednesday, with officials parsing evidence of slowing inflation alongside continued labor
July 02, 2024
U.S. labor costs rose less than expected in the fourth quarter, leading to the smallest annual increase in two years, signs of moderating wage inflation that could give the
July 02, 2024
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months in a policy statement that tempered inflation concerns
July 02, 2024
U.S. worker productivity grew faster than expected in the fourth quarter, keeping unit labor costs contained and giving the Federal Reserve another boost in the fight against
July 02, 2024
The Federal Reserve should likely reduce its policy rate two or three times this year based on the information on the economy currently in hand, Minneapolis Fed President Neel Kashkari
July 02, 2024
(Adds dropped words in headline) By Michael S.
July 02, 2024
Dallas Federal Reserve Bank President Lorie Logan on Friday said she is in no rush to cut interest rates, and while there has been "tremendous progress" on
July 02, 2024
U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and healthcare, but the pick-up in inflation likely does not change expectations
July 02, 2024
The Federal Reserve's path back to its 2% inflation target rate would still be on track even if price increases run a bit hotter-than-expected over the next few months,
July 02, 2024
U.S. producer prices increased more than expected in January amid strong gains in the costs of services, which could amplify worries that inflation was picking up.
July 02, 2024
The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of economic data and firm expectations of the Federal
July 02, 2024
U.S. stock index futures slipped on Tuesday as hopes for early interest rate cuts from the Federal Reserve waned, while investors geared up for quarterly earnings from U.S. retail giants
July 02, 2024
Asian stocks were tentative on Wednesday ahead of a U.S. inflation reading this week that could influence the timing of the Federal Reserve's easing cycle,
July 02, 2024
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
July 02, 2024
Wall Street futures edged higher on Thursday ahead of more economic data and commentary from Jerome Powell after the Federal Reserve chair stuck
July 02, 2024
JPMorgan Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-
July 02, 2024
The U.S.
July 02, 2024
Asian stocks nudged higher on Tuesday ahead of the influential U.S. inflation report, while Japanese shares fell and the yen firmed on rising expectations that
July 02, 2024
U.S. stock index futures were subdued on Wednesday as investors awaited a slew of economic data this week, including producer prices and retail sales numbers, for clues on the Federal
July 02, 2024
U.S. equity funds witnessed robust demand in the seven days to March 20, buoyed by Wall Street's continued rally and expectations of Federal Reserve rate cuts later this year.
July 02, 2024
Atlanta Federal Reserve bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest rate cut this year versus two cuts that he had projected
July 02, 2024
Orders for long-lasting U.S. manufactured goods increased more than expected in February, while business investment on equipment appeared to improve in the first quarter.
July 02, 2024
U.S. stocks vacillated on Thursday, swinging from red to green and back as investors contended with the push-pull of a strong economy and restrictive Federal
July 02, 2024
The dollar surged to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in
July 02, 2024
The allies of Republican presidential candidate Donald Trump are drafting proposals that would attempt to erode the Federal Reserve's independence if he wins, the Wall Street Journal
July 02, 2024
U.S. equity markets closed sharply lower on Tuesday, joining their global counterparts in the monthly loss column as investors await crucial economic data and the
July 02, 2024
Wall Street pared earlier gains on Tuesday after equity markets elsewhere rallied as investors parsed when and by how much the Federal Reserve cuts
July 02, 2024
Morgan Stanley said it now expects the U.S.
July 02, 2024
Global stock indexes were little changed on Monday while the U.S. dollar index eased as investors awaited this week's U.S. inflation data that is expected
July 02, 2024
MSCI's gauge of stocks across the globe was set for a record high close on Tuesday, while the U.S. dollar edged lower as investors digested U.S. producer
July 02, 2024
A world stock index rose for a seventh straight session and U.S.
July 02, 2024
The Nasdaq closed at a record high on Monday and gold jumped to an all-time high as investors weighed hawkish statements from the Federal Reserve against evidence
July 02, 2024
Wall Street ended modestly higher and U.S.
July 02, 2024
Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that
July 02, 2024
Wall Street ended lower and oil prices fell on Wednesday as investors parsed minutes from the U.S. Federal Reserve's most recent policy meeting.
July 02, 2024
The S&P 500 and Nasdaq posted record closing highs for a third straight day on Wednesday after inflation data came in softer than expected but the indexes
July 02, 2024
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December as
July 02, 2024
The dollar gained on Thursday despite a soft U.S. producer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the conclusion of
July 02, 2024
A gauge of global stocks advanced for a second straight session on Tuesday and U.S.
July 02, 2024
U.S. bank regulators are arguing over the path forward for rules easing bank capital hikes, with some wanting to allow additional feedback from Wall Street
July 02, 2024
By Michael S.
July 02, 2024
A measure of the borrowing costs on loans between banks and other participants in the U.S. repurchase agreement (repo) market hit its highest level since
July 02, 2024
Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said he sees some "warning signs" of weakening in the economy, adding that the U.S. central bank's goal is to get
July 02, 2024
U.S. job openings rose in May after posting outsized declines in the prior two months, but the trend remained consistent with an easing in labor market
July 02, 2024
U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates
July 02, 2024
The U.S. is back on a "disinflationary path," Federal Reserve Chair Jerome Powell said on Tuesday, but policymakers need more data
July 02, 2024
Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said, while adding that more such evidence would be needed before the Fed would cut interest rates
July 02, 2024
Global stocks edged higher while U.S.
July 02, 2024
The dollar slipped on Tuesday in thin, choppy trading after Federal Reserve Chair Jerome Powell struck a moderately dovish tone in his comments,
July 02, 2024
Supreme Court lets a truck stop sue the Federal Reserve in latest threat to agency regulations
July 01, 2024
By Michael S.
July 01, 2024
Federal Reserve officials, heartened by recent data, are looking for further confirmation that inflation is cooling and for any warning signs from a still
July 01, 2024
Inflation is exhibiting encouraging signs of cooling, U.S.
July 01, 2024
Dallas Federal Reserve Bank President Lorie Logan on Tuesday said recent data showing inflation is cooling is "welcome news" but that the U.S. central bank can
July 01, 2024
The dollar eased against the euro on Tuesday after retail sales data indicated signs of exhaustion among U.S. consumers, boosting the case for Federal Reserve
July 01, 2024
U.S. retail sales barely rose in May and data for the prior month was revised considerably lower, suggesting that economic activity remained lackluster in the
July 01, 2024
The U.S.
July 01, 2024
By Michael S.
July 01, 2024
The S&P 500 and Nasdaq scored record closing highs on Monday as technology shares rallied on enthusiasm over artificial intelligence ahead of this week's economic data and
June 29, 2024
A gauge of global stocks rose for the first time in three sessions on Monday, powered by a rally in U.S. equities, while U.S.
June 28, 2024
The U.S. Federal Reserve would be able to cut its benchmark interest rate once this year, Philadelphia Fed President Patrick Harker said on Monday, if his economic forecast plays out.
June 28, 2024
UBS Global Research said it now expects the Federal Reserve to start cutting interest rates in December instead of September, while Goldman Sachs and Morgan Stanley continue to expect the
June 28, 2024
A look at the day ahead in markets from Dhara Ranasinghe. It's back to the markets versus the U.S. Federal Reserve.
June 28, 2024
The U.S. Federal Reserve may have just ducked out of the presidential campaign spotlight with a fresh set of forecasts showing no interest rate cuts are likely until after Election Day.
June 28, 2024
U.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging in the first quarter.
June 28, 2024
The number of Americans filing new claims for unemployment benefits increased to a 10-month high last week, suggesting the labor market was losing momentum and
June 28, 2024
The Nasdaq and the S&P 500 recorded their fourth consecutive record closing highs on Thursday and U.S.
June 28, 2024
U.S. equity funds observed heavy outflows in the seven days through June 12 as some investors booked profits and exercised caution ahead of the Federal Reserve's policy decision.
June 28, 2024
Federal Reserve Bank of Chicago President Austan Goolsbee on Friday said he was relieved after data this week showed inflation in May had cooled, but he would still like to
June 28, 2024
By Michael S.
June 28, 2024
Minneapolis Federal Reserve President Neel Kashkari on Sunday said it's a "reasonable prediction" that the U.S. central bank will cut interest rates once this year, waiting
June 28, 2024
The Federal Reserve announced Friday it had ordered Evolve Bancorp Inc to bolster its risk management programs around fintech partnerships as
June 28, 2024
A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow
June 28, 2024
The quarter end saw substantial inflows into the Federal Reserve Bank of New York's reverse repo facility on Friday.
June 28, 2024
Federal Reserve Governor Michelle Bowman on Friday said she believes the U.S. has strayed from the style of international leadership it had under Republican President Ronald Reagan during
June 28, 2024
Soft landing hopes that have powered U.S. stocks this year received a boost following encouraging inflation data and a nod from the Federal
June 28, 2024
U.S. prices were unchanged in May while consumer spending rose moderately, a trend that could draw the Federal Reserve closer to start cutting interest rates this year.
June 28, 2024
Market bets rose on Friday that the Federal Reserve will cut interest rates by September and do so again in December after a government report showed a key measure of U.S. inflation
June 28, 2024
A measure of prices that's closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease
June 28, 2024
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing
June 28, 2024
U.S. consumer demand is still solid although households are beginning to get more sensitive to prices, Richmond Fed President Thomas Barkin said on Friday.
June 28, 2024
U.S. consumer prices were unexpectedly unchanged in May as cheaper gasoline and other goods offset higher costs for rental housing, but inflation remains too
June 28, 2024
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-
June 28, 2024
Signs of falling U.S. inflation on Wednesday and growing hopes for interest rate cuts from the Federal Reserve could be a positive signal
June 28, 2024
U.S. stocks ended weaker on Friday after an early rally fizzled as investors digested in-line inflation data and weighed
June 28, 2024
Richmond Federal Reserve Bank President Thomas Barkin on Friday said that while he believes the U.S. central bank's interest-rate hikes to date will be enough to bring inflation down
June 28, 2024
Oil settled higher on Wednesday as ongoing tensions in the Middle East lent support to prices, but news that interest rate cuts could start as late as December
June 28, 2024
U.S. central bankers believe they’ll cut interest rates just once this year, two fewer than they thought in March as inflation approaches their 2% goal more slowly than they
June 28, 2024
Federal Reserve policymakers have reason to feel more confident that inflation is cooling after a U.S. government report on Wednesday showed consumer prices did not rise at
June 28, 2024
European shares advanced on Wednesday, with rate-sensitive sectors like real-estate jumping after a cool U.S. inflation reading propped up hopes that
June 28, 2024
As U.S. stocks lock in a solid first half, investors are speculating whether political uncertainty, potential Federal Reserve policy shifts and big tech's
June 28, 2024
The U.S.
June 28, 2024
A look at the day ahead in U.S. and global markets by markets correspondent Naomi Rovnick What a difference half a year makes. Traders started 2024 convinced that the U.S.
June 27, 2024
The S&P 500 and Nasdaq registered record closing highs for a second straight day on Tuesday, helped by a gain of more than 7% in Apple shares, while
June 27, 2024
Inflation in the U.S. "appears to be narrowing" and that should allow the Federal Reserve to cut interest rates later this year, Atlanta Fed President
June 27, 2024
U.S. stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out a
June 27, 2024
U.S.
June 27, 2024
Bond investors, worried about persistently sticky inflation, have reduced their exposure to longer-dated U.S.
June 27, 2024
Big U.S. banks survived a hypothetical 40% drop in commercial real estate values as a part of the U.S.
June 26, 2024
The S&P 500 and Nasdaq eked out record closing highs on Monday, although investors were cautious ahead of this week's consumer prices report and a Federal
June 26, 2024
The euro fell on Monday after gains by the far right in European Parliament elections on Sunday prompted French President Emmanuel Macron to
June 26, 2024
Oil prices climbed about 3% to a one-week high on Monday, buoyed by hopes of rising fuel demand this summer despite a stronger U.S. dollar and expectations the
June 26, 2024
Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three
June 26, 2024
The U.S. public’s outlook on the future path of inflation was mixed in May, according to a report on Monday from the Federal Reserve Bank of New York.
June 26, 2024
By Michael S.
June 25, 2024
Investors will closely watch next week’s inflation numbers and Federal Reserve meeting for clues on whether the soft landing hopes that drove stocks to record
June 25, 2024
U.S. household wealth rose to a record of more than $160 trillion in the first three months of 2024 thanks to the stock market's record run and gains in real estate, Federal Reserve data
June 25, 2024
Oil prices edged down on Friday and posted a third straight weekly loss as investors weighed OPEC+ reassurances against the latest U.S. jobs data that lowered
June 25, 2024
Wall Street stocks ended slightly lower on Friday in choppy trading after stronger-than-expected U.S. jobs data pointed to a robust economy but prompted worries
June 25, 2024
U.S. Federal Reserve and Bank of Japan meetings, a G7 gathering, plus key U.S. inflation and UK jobs data are all coming up in the week ahead - and that's not all.
June 25, 2024
Traders scaled back bets that the
June 25, 2024
U.S. job growth accelerated far more than expected in May, keeping the Federal Reserve on track to hold off starting to cut interest rates.
June 25, 2024
U.S. bond funds secured the largest weekly inflow in four weeks in the seven days to June 5, driven by a rally in treasury bond prices after softer economic data bolstered expectations of
June 25, 2024
A U.S. job market scorecard that exceeded all forecasts has undercut confidence over when, or even if, the Federal Reserve will begin easing policy this year, putting the
June 25, 2024
The U.S. economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience of the labor market and reducing the
June 25, 2024
The U.S. dollar rose on Tuesday, bolstered by hawkish comments from Federal Reserve officials as well as data showing a stable housing market in the
June 24, 2024
Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic outlook and fuel demand after a slow start to the U.S.
June 24, 2024
The Biden administration announced new steps to increase access to affordable housing
June 24, 2024
U.S. worker productivity grew slightly less than previously estimated in the first quarter but exceeded market expectations, and unit labor costs rose by less than first thought, data from
June 24, 2024
The dollar traded sideways on Thursday ahead of Friday's U.S. employment data that could help the Federal Reserve set a
June 24, 2024
The S&P 500 and Nasdaq indexes hit record closing highs on Wednesday, powered mainly by technology stocks as markets digested economic data that could support a
June 23, 2024
By Michael S.
June 22, 2024
Oil prices climbed 1% on Wednesday, rebounding from four-month lows, as hopes of an interest rate cut by the U.S.
June 21, 2024
U.S. investors shed equity funds for a second successive week in the seven days to June 19, exercising caution as they evaluated the Federal Reserve's hawkish signals and ongoing political
June 21, 2024
Global equity funds faced outflows for the second straight week in the week ending June 19, with investors cashing in on a share rally amid concerns that the Fed might cut rates only once
June 21, 2024
U.S. stocks coasted to the close of their latest winning week, as Nvidia’s stock continued to cool from its startling, supernova run
June 21, 2024
A look at the day ahead in European and global markets from Ankur Banerjee: A softening labour market and a cooling economy have traders perking up with expectations of a September rate cut from the
June 21, 2024
The U.S.
June 21, 2024
U.S. banking regulators rejected Citigroup's so-called "living will", which is a detailed plan to wind itself down in the event of catastrophic failure, The Financial Times reported on
June 20, 2024
U.S. stocks ended a shade higher on Tuesday following softer-than-expected labor market data that reaffirmed expectations of an interest rate cut by the Federal
June 20, 2024
Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April
June 20, 2024
U.S. job openings fell more than expected in April, pushing the number of available jobs per job-seeker to its lowest in nearly three years as labor market conditions soften
June 20, 2024
First-time applications for U.S. unemployment benefits fell moderately last week, while new housing construction dropped to the lowest
June 20, 2024
The dollar fell to a three-week low on Monday after data showed the U.S. economy is gradually slowing down with weaker-than-expected readings on
June 20, 2024
The U.S. central bank should only start to cut interest rates after "months, and more likely quarters" of falling inflation, moderating demand and expanding supply, St.
June 18, 2024
U.S. inflation tracked sideways in April and consumer spending weakened, mixed signals for the Federal Reserve that provided little clarity on whether the U.S. central
June 18, 2024
The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, offering
June 18, 2024
Price cuts by major U.S. retailers and new data showing a slowdown in consumer spending may boost the Federal Reserve's confidence in falling inflation and
June 18, 2024
The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S.
June 18, 2024
European shares rose on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal Reserve, while June rate cut bets
June 17, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks set to end the shortened week slightly punch drunk, with Friday's May inflation update set to be a decider after a
June 17, 2024
U.S. equity funds saw outflows for the first time four weeks in the seven days ended May 29, hit by rising bond yields and uncertainty over the timing and extent of Federal Reserve
June 17, 2024
By Ann Saphir and Michael S.
June 17, 2024
Dallas Federal Reserve Bank President Lorie Logan said on Thursday she believes inflation is still heading to the Fed's 2% target, although she can imagine "other paths" that
June 17, 2024
U.S.
June 15, 2024
The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending and a key measure of inflation ticked down
June 15, 2024
U.S. economic activity continued to expand from early April through mid-May but firms grew more downbeat about the future amid weakening consumer demand while inflation
June 14, 2024
The number of Americans filing new claims for unemployment benefits ticked higher last week, but underlying strength in the labor market still shows signs of persisting and should continue
June 14, 2024
Mortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it’s been much of this year
June 13, 2024
The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, a sign that the labor market is likely cooling under the weight of high interest rates
June 13, 2024
Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates
June 13, 2024
Gold prices gained on Tuesday, helped by a weaker dollar as investors look forward to U.S. inflation data due later this week for more clarity on interest rate cut timings
June 13, 2024
The dollar gained on Tuesday, giving back earlier losses, as benchmark U.S. Treasury yields hit a four-week high following some weak auctions.
June 13, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan World markets wobbled on Tuesday, with benchmark bond yields and volatility gauges jumping to their highest in almost four weeks, as
June 12, 2024
Wall Street opened lower on Wednesday, with investors turning risk averse as concerns around the timing and scale of the Federal Reserve's interest rate cuts pushed Treasury yields higher
June 12, 2024
The Federal Reserve is being characteristically cautious.
June 12, 2024
Federal Reserve Governor Michelle Bowman on Tuesday said she would have supported either waiting to start slowing the run-off in the U.S. central bank's balance sheet or a more moderate
June 12, 2024
Federal Reserve policy statements would benefit from somewhat lengthier passages than currently employed to describe assessments of economic developments, how that influences the central
June 12, 2024
Minneapolis Federal Reserve Bank President Neel Kashkari said in an interview with CNBC broadcast on Tuesday that the U.S. central bank should wait for significant progress on inflation
June 12, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks set for a sleepy but positive start to a shortened week after Monday's Memorial Day break, with the consumer back
June 12, 2024
Asian shares are mostly higher as investors turned their attention to what the Bank of Japan might decide on monetary policy later this week
June 12, 2024
Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed
June 11, 2024
Federal Reserve officials said inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year
June 11, 2024
U.S. stocks rebounded on Friday from sharp losses the day before on news of an improving consumer outlook on inflation, sending the Nasdaq to a fifth straight
June 11, 2024
Shares are mostly lower in Asia ahead of a decision by the Federal Reserve on interest rates
June 11, 2024
The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the potential
June 10, 2024
In nearly 40 years working for and helping lead the Federal Reserve, Cleveland Fed President Loretta Mester was part of a revolution that saw the
June 10, 2024
By Michael S.
June 10, 2024
Asian stocks are mixed ahead of a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve
June 10, 2024
The Federal Reserve may need to wait longer to cut interest rates because even with April's slightly cooler inflation reading there is continued upward pressure on prices, Atlanta Fed
June 09, 2024
U.S. stocks ended lower on Thursday, even as a strong revenue forecast for Nvidia fueled a surge in its shares, but that was overshadowed by economic data
June 09, 2024
The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor market that should continue to
June 07, 2024
Stocks slipped and Treasury yields rose sharply after the government released a jobs report whose headline numbers came in hotter than expected
June 07, 2024
Federal Reserve officials at their last policy meeting said they still had faith that price pressures would ease at least slowly in coming months, but doubts emerged
June 07, 2024
U.S. stocks fell on Wednesday as investors digested minutes of the Federal Reserve's most recent meeting but Nvidia's shares rose about 6% after the close on
June 07, 2024
The Biden administration asserted its support for an independent Federal Reserve on Wednesday, after a report surfaced last month that Republican presidential candidate
June 07, 2024
Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal Reserve to cut interest rates this year.
June 06, 2024
By Michael S.
June 06, 2024
Federal Reserve Chair Jerome Powell said in a May 1 press conference he didn't want to talk about economic "hypotheticals," but that's what he and other U.S.
June 06, 2024
The Standard & Poor's 500 will end the year near current levels, but strong stock market gains so far in 2024 have some strategists saying the index is at
June 06, 2024
The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors
June 06, 2024
U.S. stocks closed with slight gains on Tuesday, sending the S&P 500 and Nasdaq to record levels, as investors assessed the latest comments from Federal
June 05, 2024
A look at the day ahead in European and global markets from Kevin Buckland Two of the biggest events of this week are almost upon us, as Wednesday brings an end to the drawn-out two-day news vacuum
June 05, 2024
U.S. households continued to feel pinched by inflation in late 2023 even as price pressures ebbed, the Federal Reserve reported on Tuesday, with most Americans saying their financial
June 05, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Partly due to the absence of top-tier economic news this week, world markets have found a relatively calm plateau with stocks near
June 05, 2024
A look at the day ahead in European and global markets from Kevin Buckland Stock market momentum is waning as a dearth of fresh economic clues sees the feverish punting over the pace of Federal
June 05, 2024
The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia's highly anticipated earnings and
June 04, 2024
U.S. bank regulators are reconsidering how much liquidity banks should be required to have on hand following a series of abrupt bank failures in 2023, the
June 04, 2024
A new set of supply availability indexes show that improvement in firms' access to inputs hit a wall over the past couple of months, the Federal Reserve Bank of New York said on Monday.
June 04, 2024
The Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country's biggest banks
June 04, 2024
The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve
June 03, 2024
The Federal Reserve Bank of New York is bolstering its data offerings tracking the state of supply chains.
June 03, 2024
The Bank of Canada would be willing to cut interest rates three times ahead of the Federal Reserve's first move before a declining currency threatens to endanger
June 03, 2024
Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home, a Fed spokesperson said in an emailed statement.
June 03, 2024
A look at the day ahead in European and global markets from Ankur Banerjee The cold harsh reality of the Federal Reserve likely keeping interest rates higher for longer to combat inflation has put a
June 02, 2024
Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve's interest rate cuts dampened
June 02, 2024
Data this week offered the U.S.
June 01, 2024
The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised concerns the Federal
June 01, 2024
The International Monetary Fund on Thursday views recent U.S. inflation data as "overall higher than we would like to see" and is urging the Federal Reserve to stay cautious and
May 31, 2024
Top global brokerages have retained their expectations for when the U.S.
May 31, 2024
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year
May 31, 2024
By Michael S.
May 31, 2024
Federal Reserve Bank of New York President John Williams was interviewed by Reuters on Wednesday.
May 31, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan World stocks notched new records and the dollar nursed its worst day of the year as fears of an overheating U.S. economy dissipate -
May 31, 2024
The Federal Reserve Bank of Kansas City on Wednesday said its annual central banking conference in Jackson Hole, Wyoming, will take place from Aug. 22-24.
May 30, 2024
Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some encouraging data on Wednesday with a government report
May 30, 2024
The dollar slumped against major currencies on Wednesday after U.S. consumer prices in April showed inflation had resumed trending lower in the second quarter,
May 30, 2024
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost
May 30, 2024
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said in a downgrade from its previous estimate
May 30, 2024
Inflation is still too high, and the U.S. central bank has more work to do to bring it down, Kansas City Federal Reserve Bank President Jeffrey Schmid said on Tuesday, a signal that he
May 30, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Markets seem to have got bored waiting for today's big U.S. inflation print and stocks zoomed to new records in advance, taking
May 30, 2024
The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal Reserve Chair Jerome Powell reassured
May 29, 2024
Federal Reserve Chair Jerome Powell said on Tuesday support for U.S. central bank independence remains "very strong" in Congress, pushing back on concerns surfaced in recent news
May 29, 2024
The Federal Reserve needs to rethink how it provides swift liquidity to banks, a report from the Federal Reserve Bank of New York said on Monday.
May 29, 2024
The Cleveland branch of the Federal Reserve says that Beth Hammack, an executive at investment bank Goldman Sachs, would be its next president effective Aug. 21
May 29, 2024
Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set to show whether the soft landing hopes that
May 29, 2024
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation
May 29, 2024
Bond strategists upgraded their U.S.
May 29, 2024
Traders on Tuesday pared bets the Federal Reserve will deliver a first interest-rate cut in September after a government report showed wholesale prices rose more than expected in April.
May 29, 2024
Federal Reserve Chair Jerome Powell on Tuesday said the latest report on U.S. producer prices was more "mixed" than "hot" given that prior data was revised lower even as the
May 29, 2024
Corporate price gouging has not been a primary driver of U.S. inflation, according to research published on Monday by economists at the Federal Reserve Bank of San Francisco.
May 28, 2024
Gold prices fell 1% on Monday on profit-taking, as investors looked forward to key inflation figures this week for clues on the U.S. interest rate cuts this year.
May 28, 2024
The S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they awaited key inflation readings and
May 28, 2024
The U.S.
May 28, 2024
By Michael S.
May 28, 2024
U.S. stocks eked out modest gains on Friday and all three indexes posted another weekly advance as investors parsed comments from Federal Reserve officials and
May 27, 2024
Oil prices fell by nearly $1 a barrel on Friday as comments from U.S. central bank officials indicated higher-for-longer interest rates, which could hinder demand
May 27, 2024
Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a
May 26, 2024
Chicago Federal Reserve President Austan Goolsbee on Friday said he believes U.S. monetary policy is "relatively restrictive," meaning that borrowing costs are putting downward pressure on
May 26, 2024
The dollar inched higher on Friday following a reading on U.S. consumer sentiment as investors sorted through a batch of comments from Federal Reserve
May 26, 2024
Dallas Federal Reserve President Lorie Logan on Friday said it's not clear if monetary policy is tight enough to bring inflation down to the U.S.
May 26, 2024
The U.S. central bank likely remains on track to cut interest rates this year even if the timing and extent of the policy easing is uncertain and further
May 25, 2024
There is "considerable" uncertainty about where U.S. inflation will head in coming months, San Francisco Federal Reserve President Mary Daly said on
May 24, 2024
The Bank of England has sent a new signal that borrowing costs will fall earlier and further across Europe than in the United States, setting
May 24, 2024
U.S. stocks rose in a bounce back from Wall Street’s worst day since April
May 24, 2024
The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, offering more evidence that
May 24, 2024
Through a tumultuous period of high inflation, aggressive interest rate hikes, and global instability, the U.S.
May 23, 2024
By Michael S.
May 23, 2024
The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties
May 23, 2024
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels
May 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks to have brushed off the latest hawkish Federal Reserve noises and Disney's outsize swoon, with European bourses
May 22, 2024
By Michael S.
May 22, 2024
U.S. households, banks and firms are largely in solid financial shape, with the means at hand to cover debt payments and with strong enough buffers to absorb
May 22, 2024
U.S. bond giant PIMCO said on Wednesday it is increasing its bond exposure in developed markets outside the United States as inflation could complicate the
May 22, 2024
A look at the day ahead in European and global markets from Kevin Buckland The Federal Reserve and the enigmatic path of U.S. interest rates continue to dominate the market's attention.
May 22, 2024
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high
May 22, 2024
The U.S. dollar rose against most currencies on Tuesday, steadily gaining ground throughout the day as investors digested the latest comments from Federal
May 22, 2024
U.S. banks reported renewed weakening in demand for industrial loans and a decline in household demand for credit in the first quarter of the year, according to a Federal Reserve survey of
May 22, 2024
Stalled inflation buoyed in part by housing market strength means the Federal Reserve will need to hold borrowing costs steady for an "extended period," and possibly all year, Minneapolis
May 22, 2024
Inflation lodged above the U.S.
May 22, 2024
The Reserve Bank of Australia on Tuesday left its cash rate unchanged at 4.35% following a policy meeting.
May 21, 2024
By Michael S.
May 21, 2024
Federal Reserve Bank of New York President John Williams said Monday that at some undefined point the U.S. central bank will lower its interest rate target.
May 21, 2024
The dollar fell against most currencies on Monday for a fourth straight session as recent labor market data and comments from Federal Reserve officials buoyed
May 21, 2024
Finishing the battle against inflation will likely require a hit to demand, after a year in which U.S. price pressures cooled largely through
May 21, 2024
Ken Griffin, Citadel's founder and chief executive, said on Monday that he is unsure when the Federal Reserve may be able to cut interest rates this year,
May 21, 2024
U.S. stock indexes closed higher on Monday, their third straight session of advances, as investors continued to gain hope that there was a greater chance of the Federal
May 21, 2024
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.
May 21, 2024
Central banks in Australia, Britain and Sweden will meet this week, as markets assess how much leeway the U.S. Federal Reserve has to cut rates this year.
May 20, 2024
The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies,
May 20, 2024
Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also
May 20, 2024
Inflation should continue to decline even as the U.S. central bank holds its benchmark interest rate steady at current levels, Federal Reserve Governor Michelle Bowman said on Friday while
May 19, 2024
U.S. job growth slowed more than expected in April and annual wage gains cooled, signs of a looser labor market which are good news for markets and the Federal Reserve that will likely
May 19, 2024
U.S. investors were net sellers of equity funds for a fifth successive week in the seven days to May 1, exercising caution ahead of the Federal Reserve's policy decision and scaling back
May 19, 2024
Interest rates at major central banks remained static in April as the prospect of higher-for-longer U.S.
May 19, 2024
U.S. stocks rallied on Thursday as investors weighed the Federal Reserve's more dovish-than-expected interest rate guidance on Wednesday against a plethora of mixed
May 17, 2024
A gauge of global stocks climbed on Thursday after the Federal Reserve indicated it was leaning toward a dovish stance, while the dollar retreated against the
May 17, 2024
Weaker U.S. productivity gains in the first quarter may challenge the Federal Reserve's efforts to finish its inflation fight without a painful rise in
May 17, 2024
The Federal Reserve and other top U.S. regulators are forging ahead with their plan to make big banks hold more capital, Bloomberg News reported on Wednesday.
May 16, 2024
By David Lawder and Michael S.
May 16, 2024
U.S. stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will
May 16, 2024
Federal Reserve Chairman Jerome Powell's reassuring message following the central bank’s monetary policy meeting may not calm frazzled U.S.
May 16, 2024
The U.S.
May 16, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Anxious bond traders seem to have taken solace from the Federal Reserve's surprisingly sharp brake on its "quantitative tightening"
May 16, 2024
A rallying U.S. dollar will stand resolute and may even trade more strongly than predicted in coming months if the policies of the Federal Reserve and other
May 16, 2024
U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid.
May 16, 2024
Citigroup could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate
May 16, 2024
U.S. job openings fell to a three-year low in March, while the number of people quitting their jobs declined, signs of easing labor market conditions that over
May 16, 2024
The Federal Reserve on Wednesday said it would leave interest rates unchanged and announced plans to slow the speed of its balance sheet drawdown, after having spent much of the earlier
May 16, 2024
A gauge of global stocks fell on Wednesday while the dollar weakened against a basket of peers after the Federal Reserve left interest rates unchanged and
May 16, 2024
A look at the day ahead in European and global markets from Kevin Buckland The marquee markets event for the week is almost upon us, and needs little introduction: The outlook for U.S. interest rates
May 16, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan May Day for Wall Street comes with the daunting prospect that the multiple interest rate cuts once expected from the Federal Reserve
May 16, 2024
Bond investors are selectively adding longer-dated maturities to their portfolios on bets the Federal Reserve will delay cutting interest rates and
May 16, 2024
U.S. manufacturing contracted in April amid a decline in orders after briefly expanding in the prior month, while a measure of prices paid by factories for inputs approached a
May 16, 2024
U.S. job openings fell to a three-year low in March, while the number of people quitting their jobs declined, signs of easing labor market conditions that over time could aid
May 16, 2024
U.S. stocks ended lower on Tuesday as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the day of a key Federal
May 15, 2024
U.S. central bankers began spreading rate-cut fever late last year, with the economy seemingly on a clear path back to low inflation and officials projecting
May 15, 2024
U.S. home prices leapt in February by the most in nearly two years, federal housing authorities reported on Tuesday, reflecting the effects that lean home supply continue to have on the
May 15, 2024
Asian shares are higher after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction
May 15, 2024
Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability that the Federal Reserve could hike interest rates a
May 15, 2024
U.S. stocks ended higher on Monday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the
May 14, 2024
Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team
May 14, 2024
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again
May 14, 2024
U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in consumer prices to start the year
May 14, 2024
Inflation showing no recent sign of slowing or narrowing in scope leaves U.S.
May 14, 2024
Wall Street's main indexes opened higher on Monday as Tesla and Apple led gains in megacap companies, while investors exercised caution ahead of the Federal Reserve's interest rate
May 14, 2024
Asian stocks have advanced after equities rose on Wall Street, with the Nasdaq composite hitting a record high
May 14, 2024
U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing and utilities suggested the Federal Reserve could keep interest rates
May 13, 2024
Oil prices settled higher on Friday, garnering support from tensions in the Middle East, but a strong dollar and U.S. inflation data quashed hopes that the
May 13, 2024
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
May 13, 2024
As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October.
May 13, 2024
Global equity funds recorded outflows for the fourth consecutive week as of April 24, affected by diminishing hopes of rapid Federal Reserve rate cuts this year amid a series of higher-
May 13, 2024
The U.S. economy grew at its slowest pace in nearly two years in the first quarter amid a surge in imports and small build-up of unsold goods at businesses,
May 10, 2024
U.S. economic growth slowed more than expected in the first quarter, but a surprisingly hot quarterly Personal Consumption Expenditure inflation component suggested that the
May 10, 2024
The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or
May 10, 2024
U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two
May 10, 2024
U.S. stocks coasted to the close of another winning week with a quiet, mixed finish
May 10, 2024
The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening
May 09, 2024
Cut in June or not at all? The Bank of England is left parsing policy between a European Central Bank nailed on for cutting rates by mid-year and a U.S.
May 08, 2024
The European Central Bank will cut interest rates in June but needs to be very cautious about subsequent moves and take into account signals from the U.S.
May 07, 2024
A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating more funds to the asset class to lock in
May 07, 2024
While U.S. financial markets debate the timing of interest rate cuts, one tail-risk hedge fund is warning that investors should make the
May 07, 2024
Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their 19-month drive to hike borrowing costs is
May 07, 2024
If the notorious 'term premium' is evaporating again, then last month's bond rout may just have been a nightmare.
May 07, 2024
Central bankers choose their words carefully, so recent comments from the Federal Reserve's two most senior policymakers that U.S. monetary policy could
May 07, 2024
Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's latest
May 06, 2024
Progress on bringing down inflation has "stalled" this year, Chicago Federal Reserve President Austan Goolsbee said on Friday, becoming the latest U.S. central banker to drop
May 05, 2024
Wall Street's "fear gauge" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.
May 04, 2024
Cash equivalent funds saw a $160 billion tax-related outflow in the week to Wednesday, according to a Bank of America's weekly report that cites fund flows and asset allocation from
May 04, 2024
Global equity funds saw a jump in outflows in the seven days through April 17 as speculation the U.S. Federal Reserve will delay cutting interest rates dampened investor sentiment.
May 04, 2024
U.S. stocks closed near the unchanged mark on Thursday, as investors sifted through the latest corporate earnings, while economic data and comments from
May 03, 2024
By Ann Saphir and Michael S.
May 03, 2024
Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-
May 03, 2024
Stocks closed sharply higher on Wall Street, erasing their losses for the week, after the government reported a cooldown in hiring last month
May 03, 2024
The dollar fell to a three-week low against the yen on Friday after data showed U.S. jobs growth slowed more than expected in April and annual wage gains cooled,
May 02, 2024
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy
May 02, 2024
The Federal Reserve doesn’t appear eager to cut rates.
May 01, 2024
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates
May 01, 2024
The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target
April 30, 2024
Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve
April 30, 2024
Asian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week
April 29, 2024
Older Americans are fueling a sustained boost to the U.S. economy
April 28, 2024
Federal Reserve Chair Jerome Powell on Thursday said he would not resign if asked to do so by President-elect Donald Trump, and said presidents do not have the legal authority to remove a
April 26, 2024
JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as the Federal Reserve attempts to tame stubbornly high consumer prices
April 26, 2024
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid
April 26, 2024
Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally
April 26, 2024
Congo says several towns recaptured from rebels but fighting intensifies in its east
US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say
London financial job vacancies hit 4.5-year low in Q4, says recruiter
Lufthansa CEO expects Italy's ITA to boost profits by hundreds of millions, FAZ reports
Thailand's cabinet approves draft law to legalise casinos and gambling
Ripples of Los Angeles fires continue as Meghan delays Netflix series launch, composer's works lost