Today: September 21, 2024
Today: September 21, 2024

Federal Reserve

Business|Economy

Fed QT taper calms the horses, yen pops again

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"

Fed QT taper calms the horses, yen pops again
Business|Economy|News

Powell's soothing tone may not be enough for inflation-spooked markets

Federal Reserve Chairman Jerome Powell's reassuring message following the central bank’s monetary policy meeting may not calm frazzled U.S.

Powell's soothing tone may not be enough for inflation-spooked markets
Business|Economy|News

Global equity funds see surge in outflows as rate cut hopes fade

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.

Global equity funds see surge in outflows as rate cut hopes fade
Business|Economy|News

Investors pull money from cash to pay tax bills, sell US stocks - BofA

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

Investors pull money from cash to pay tax bills, sell US stocks - BofA
Business|Economy|News

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling

Stocks closed sharply higher on Wall Street, erasing their losses for the week, after the government reported a cooldown in hiring last month

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling
Business|Economy

Take Five: Surfin USA

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.

Take Five: Surfin USA
Business|Economy

Oil settles down on US jobs data, steepest weekly loss in 3 months

Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible timing of a Federal

Oil settles down on US jobs data, steepest weekly loss in 3 months
Economy

Stocks jump, yields drop as Fed cut hopes bloom

A gauge of global stocks rallied while Treasury yields fell on Friday after a U.S. payrolls report was softer than anticipated, easing concerns the Federal

Stocks jump, yields drop as Fed cut hopes bloom
Economy

Dollar drops as employers add fewer jobs than expected in April

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,

Dollar drops as employers add fewer jobs than expected in April
Business|Economy

Wall St ends sharply higher, jobs data strengthens case for rate cuts

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

Wall St ends sharply higher, jobs data strengthens case for rate cuts
Business|Economy

US small caps struggle as elevated interest rates take a toll

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,

US small caps struggle as elevated interest rates take a toll
Economy

Weaker US jobs data soothes Fed worries of renewed overheating

Federal Reserve officials, buffeted by concerns the economy might again overheat, got relief on Friday when jobs data for April showed a marked

Weaker US jobs data soothes Fed worries of renewed overheating
Economy

Fed's Bowman supports current policy stance but still sees inflation risks

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

Fed's Bowman supports current policy stance but still sees inflation risks
Business|Economy

US equity funds witness outflows for fifth week in a row

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

US equity funds witness outflows for fifth week in a row
Economy|News

April US jobs report shows looser labor market, good news for Fed

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

April US jobs report shows looser labor market, good news for Fed
Business|Economy

Major central banks linger in uneasy calm in April

Interest rates at major central banks remained static in April as the prospect of higher-for-longer U.S.

Major central banks linger in uneasy calm in April
Economy|News

Dollar weaker on Fed rate cut hopes, yen retreats after strong week

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

Dollar weaker on Fed rate cut hopes, yen retreats after strong week
Business|Economy

Relief (mostly) everywhere

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.

Relief (mostly) everywhere
Economy|News

Fed's Barkin: Ending inflation likely to require a hit to demand

Finishing the battle against inflation will likely require a hit to demand, after a year in which U.S. price pressures cooled largely through

Fed's Barkin: Ending inflation likely to require a hit to demand
Business|Economy

US banks report weaker loan demand, Fed survey says

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

US banks report weaker loan demand, Fed survey says
Business|Economy

Wall St loses steam, dollar gains as investors mull rate cut timing

Wall Street pared earlier gains on Tuesday after equity markets elsewhere rallied as investors parsed when and by how much the Federal Reserve cuts

Wall St loses steam, dollar gains as investors mull rate cut timing
Business|Economy

S&P, Dow end slightly up, extend closing streaks despite Disney drag

The S&P 500 and Dow Jones Industrial Average both clung onto gains to ended slightly higher on Tuesday, extending recent winning streaks fueled by renewed expectations that

S&P, Dow end slightly up, extend closing streaks despite Disney drag
Economy|News

Fed may need to hold rates steady all year, Kashkari says

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

Fed may need to hold rates steady all year, Kashkari says
Business|Economy

Morgan Stanley pushes Fed rate cut expectation to September from July

Morgan Stanley said it now expects the U.S.

Morgan Stanley pushes Fed rate cut expectation to September from July
Business|Economy

Morning bid: Stocks buoyant as Sweden cuts, oil skids

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

Morning bid: Stocks buoyant as Sweden cuts, oil skids

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