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

Federal Reserve

Economy

European shares rise after US inflation data keeps Fed rate cut hopes alive

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

European shares rise after US inflation data keeps Fed rate cut hopes alive
Business|Economy

US equity funds hit by outflows on rising yields, rates uncertainty

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

US equity funds hit by outflows on rising yields, rates uncertainty
Economy|News

Fed seen more likely to cut rates in Sept after PCE data

The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S.

Fed seen more likely to cut rates in Sept after PCE data
Economy

April PCE inflation not too hot, or cool

U.S. inflation tracked sideways in April, a worrying sign for the U.S. central bank that suggests the elevated pace of price increases could last longer than expected and casts doubt on

April PCE inflation not too hot, or cool
Economy|News

US dollar sinks to three-week low on signs of slowing economy

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

US dollar sinks to three-week low on signs of slowing economy
Business|Economy

Wall Street stocks end slightly higher as weak jobs data supports rate cut

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

Wall Street stocks end slightly higher as weak jobs data supports rate cut
Economy|News

US job openings drop in April, as labor market normalizes

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

US job openings drop in April, as labor market normalizes
Economy

Oil rises 1% as Fed rate cut optimism offsets demand fears

Oil prices climbed 1% on Wednesday, rebounding from four-month lows, as hopes of an interest rate cut by the U.S.

Oil rises 1% as Fed rate cut optimism offsets demand fears
Business|Economy

Rate cut wagers fire up (again)

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

Rate cut wagers fire up (again)
Business|Economy|Technology

S&P 500, Nasdaq close at record highs as data supports Fed easing

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

S&P 500, Nasdaq close at record highs as data supports Fed easing
Uncategorized

NY Fed official tells bond market to get ready for central clearing

By Michael S.

NY Fed official tells bond market to get ready for central clearing
News|Political|World

Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll

The U.S.

Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll
Economy

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited

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

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
Economy

Dollar flat ahead of US jobs report, euro digests ECB cut

The dollar traded sideways on Thursday ahead of Friday's U.S. employment data that could help the Federal Reserve set a

Dollar flat ahead of US jobs report, euro digests ECB cut
Business|Economy

US productivity growth slowed in early 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

US productivity growth slowed in early 2024
Business|Economy

Traders question case for rapid ECB rate cuts

Traders scaled back bets that the

Traders question case for rapid ECB rate cuts
Business|Economy

Oil dips on deflated US interest rate cut expectations, OPEC+ decision

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

Oil dips on deflated US interest rate cut expectations, OPEC+ decision
Business|Economy

Fed seen waiting to cut rates as job growth picks up

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

Fed seen waiting to cut rates as job growth picks up
Business|Economy

Wall Street stocks close slightly lower; jobs data strong but rates still high

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

Wall Street stocks close slightly lower; jobs data strong but rates still high
Business|Economy

US bond funds gain robust weekly inflow as yields ease

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

US bond funds gain robust weekly inflow as yields ease
Business|Economy|News

"Eye-popping" May US payrolls jump may set back Fed ease

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.

"Eye-popping" May US payrolls jump may set back Fed ease
Economy

Which way to look first?

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.

Which way to look first?
Business|Economy

US household wealth hit another record in first quarter, Fed data shows

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

US household wealth hit another record in first quarter, Fed data shows
Business|Economy

Inflation, Fed meeting to give clues for US market direction

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

Inflation, Fed meeting to give clues for US market direction
Business|Economy

Stock market today: Asian stocks are mixed ahead of this week's Fed meeting

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

Stock market today: Asian stocks are mixed ahead of this week's Fed meeting

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