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

Federal Reserve

Economy|News|Political

Euro tumbles as Macron calls snap French election

The euro fell on Monday after gains by the far right in European Parliament elections on Sunday prompted French President Emmanuel Macron to

Euro tumbles as Macron calls snap French election
Economy|News

Oil prices up 3% to one-week high on hopes of higher summer fuel demand

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

Oil prices up 3% to one-week high on hopes of higher summer fuel demand
Business|Economy

S&P 500, Nasdaq post record closing highs; Fed meeting, CPI ahead

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

S&P 500, Nasdaq post record closing highs; Fed meeting, CPI ahead
Business|Economy|News

Fed's new economic projections may come with a dose of maybe, maybe not

Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three

Fed's new economic projections may come with a dose of maybe, maybe not
Economy

Long-dated Treasury holdings downsized as Fed faces tough inflation choices

Bond investors, worried about persistently sticky inflation, have reduced their exposure to longer-dated U.S.

Long-dated Treasury holdings downsized as Fed faces tough inflation choices
Economy

NY Fed survey finds mixed views on future path of inflation in May

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.

NY Fed survey finds mixed views on future path of inflation in May
Business|Technology

Nasdaq, S&P 500 post record closing highs as Apple soars

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

Nasdaq, S&P 500 post record closing highs as Apple soars
Economy|News|World

Shrinking Fed rate cut expectations to keep US Treasury yields elevated: Reuters poll

U.S.

Shrinking Fed rate cut expectations to keep US Treasury yields elevated: Reuters poll
Economy|News

Oil settles up on Mideast tension, gains curbed as interest rate cuts pushed back

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

Oil settles up on Mideast tension, gains curbed as interest rate cuts pushed back
Business|Economy

US stocks hit record highs, dollar pares losses after CPI, Fed decision

The S&P 500 and the Nasdaq scored record closing highs for the third consecutive session on Wednesday and U.S.

US stocks hit record highs, dollar pares losses after CPI, Fed decision
Business|Economy

US double bill

A look at the day ahead in European and global markets from Tom Westbrook Markets are likely to stay tentative through Europe's morning hours ahead of a blockbuster session in the U.S., where

US double bill
Business|Economy

S&P 500, Nasdaq post closing record highs after CPI, Fed

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

S&P 500, Nasdaq post closing record highs after CPI, Fed
Economy|News|Political

Flat US May CPI boosts confidence that Fed is reining in inflation

The U.S.

Flat US May CPI boosts confidence that Fed is reining in inflation
Business|Economy

Can this rally fight the Fed?

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.

Can this rally fight the Fed?
Economy

Dollar gains on hawkish Fed, even as inflation cools

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

Dollar gains on hawkish Fed, even as inflation cools
Economy|News

Benign US inflation could support stock market laggards

Signs of falling U.S. inflation on Wednesday and growing hopes for interest rate cuts from the Federal Reserve could be a positive signal

Benign US inflation could support stock market laggards
Economy

FOMC leaves rates alone but scales back 2024 easing outlook

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-

FOMC leaves rates alone but scales back 2024 easing outlook
Economy

Fed policymakers see just one rate cut this year, 4 cuts in 2025

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

Fed policymakers see just one rate cut this year, 4 cuts in 2025
Economy|News

Fed's road to rate cuts clears as inflation eases

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

Fed's road to rate cuts clears as inflation eases
Business|Economy

European shares gain as cool US data bolsters Fed rate cut hopes

European shares advanced on Wednesday, with rate-sensitive sectors like real-estate jumping after a cool U.S. inflation reading propped up hopes that

European shares gain as cool US data bolsters Fed rate cut hopes
Economy|News

US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling

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

US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
Economy|News

The number of Americans filing for jobless benefits jumps to the highest level in 10 months

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

The number of Americans filing for jobless benefits jumps to the highest level in 10 months
Business|Economy

Mortgage rates ease for second straight week, leaving average rate on a 30-year home loan at 6.95%

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

Mortgage rates ease for second straight week, leaving average rate on a 30-year home loan at 6.95%
Business|Economy

Wall Street notches record closing highs on cooler inflation data

The Nasdaq and the S&P 500 recorded their fourth consecutive record closing highs on Thursday and U.S.

Wall Street notches record closing highs on cooler inflation data
Business|Economy

Ultra-loose financial conditions turn up summer heat on Fed: McGeever

The virtuous cycle of loosening U.S. financial conditions and booming asset prices is accelerating rapidly as inflation continues to cool, which could be

Ultra-loose financial conditions turn up summer heat on Fed: McGeever

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