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

Federal Reserve

Economy|News

New records as jobs scanned, Tesla jumps

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

New records as jobs scanned, Tesla jumps
Business|Economy

S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut

The S&P 500 index and technology-laden Nasdaq rose on Wednesday to post record high closes, as data pointing to a softening economy

S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut
Uncategorized

Fed's Williams skeptical neutral rate has risen

By Michael S.

Fed's Williams skeptical neutral rate has risen
Economy|News

US weekly jobless claims rise as labor market gradually slows

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

US weekly jobless claims rise as labor market gradually slows
Economy|News

Fed officials at last meeting saw price pressures in decline, minutes show

Federal Reserve officials at their last meeting acknowledged the U.S. economy appeared to be slowing and that "price pressures were diminishing," but still

Fed officials at last meeting saw price pressures in decline, minutes show
Economy|News

Federal Reserve minutes: Inflation is cooling, but more evidence is needed for rate cuts

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

Federal Reserve minutes: Inflation is cooling, but more evidence is needed for rate cuts
Business|Economy

Stock market today: Japan's Nikkei 225 hits new record close, leading Asian shares higher

Japan's benchmark Nikkei 225 has surged to a record close of 40,913.65, leading markets in most of Asia higher

Stock market today: Japan's Nikkei 225 hits new record close, leading Asian shares higher
Economy

Asian stocks draw robust foreign inflows on US rate outlook, tech rally

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

Asian stocks draw robust foreign inflows on US rate outlook, tech rally
Economy

Dollar stays lower after US jobs data; euro up ahead of French election

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,

Dollar stays lower after US jobs data; euro up ahead of French election
Economy|News

US labor market losing steam as unemployment rate climbs to 4.1%

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

US labor market losing steam as unemployment rate climbs to 4.1%
Economy

Fed's Williams: still 'a way to go' to reach 2% inflation goal

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

Fed's Williams: still 'a way to go' to reach 2% inflation goal
Business|Economy

Global equity funds draw inflows for second straight week amid rate cut expectations

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

Global equity funds draw inflows for second straight week amid rate cut expectations
Business|Economy

US equity funds see upbeat demand on rate cut expectations

Investors hoovered up U.S. equity funds in the week to July 3 as data indicating a softening economy and U.S.

US equity funds see upbeat demand on rate cut expectations
Economy|Political

Federal Reserve highlights its political independence as presidential campaign heats up

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

Federal Reserve highlights its political independence as presidential campaign heats up
Economy

US inflation easing, job market similar to pre-pandemic conditions, Fed report says

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,

US inflation easing, job market similar to pre-pandemic conditions, Fed report says
Business|Economy

S&P 500 and Nasdaq notch record highs; chipmakers climb

The S&P 500 and Nasdaq notched record-high closes on Monday as investors awaited fresh inflation data, commentary from Federal Reserve Chair Jerome

S&P 500 and Nasdaq notch record highs; chipmakers climb
Uncategorized

NY Fed finds moderating near-term inflation expectations in June

By Michael S.

NY Fed finds moderating near-term inflation expectations in June
Economy|News

U.S. 'breakeven' monthly job growth may be 230,000: SF Fed paper

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

U.S. 'breakeven' monthly job growth may be 230,000: SF Fed paper
Business|Economy

All eyes on Powell

A look at the day ahead in Asian markets.

All eyes on Powell
Business|Economy

Global equities edge down, bond yields up with Fed in focus

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.

Global equities edge down, bond yields up with Fed in focus
Business|Economy

Dollar gains as Fed's Powell cautious on rate cuts

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

Dollar gains as Fed's Powell cautious on rate cuts
Business|Economy

Stock market today: Wall Street wavers following congressional testimony from Powell

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

Stock market today: Wall Street wavers following congressional testimony from Powell
Business|Economy

S&P 500 and Nasdaq notch record highs as Nvidia gains

The S&P 500 and Nasdaq notched record-high closes on Tuesday, fueled by gains in Nvidia after U.S.

S&P 500 and Nasdaq notch record highs as Nvidia gains
News|Political

Fed considers rule tweak that could save biggest US banks billions in capital

The U.S.

Fed considers rule tweak that could save biggest US banks billions in capital
Economy|News

Key takeaways from Fed Chair Powell’s testimony on Capitol Hill

Key takeaways from Fed Chair Powell’s testimony on Capitol Hill

Key takeaways from Fed Chair Powell’s testimony on Capitol Hill

Follow