Category: Fed

  • Key Fed inflation gauge shows PCE ‘going sideways’

    The latest reading of the Fed’s preferred gauge of inflation showed that price increases were flat in October compared with the previous month, raising questions about whether progress in reaching the central bank’s 2% target has stalled. The core personal consumption expenditures index, which excludes food and energy costs and…

  • Dow, S&P 500, Nasdaq trade mixed as inflation print keeps Fed rate cut on track

    US stocks were mixed in early trading on Wednesday, as investors weighed new consumer inflation data that looked set to keep the Federal Reserve on track to cut interest rates again next month. The Dow Jones Industrial Average (^DJI) rose about 0.1%, after falling sharply after stocks closed lower across…

  • Fed rate cuts outlook: stronger economy means less easing

    Minneapolis Federal Reserve Bank President Neel Kashkari said that the strong economy and high productivity growth may prompt the US central bank to cut interest rates less than previously expected. In his first public comments since he and his colleagues cut interest rates earlier this week, Kashkari noted that it…

  • Fed rate cuts outlook: stronger economy means less easing

    Minneapolis Federal Reserve Bank President Neel Kashkari said that the strong economy and high productivity growth may prompt the US central bank to cut interest rates less than previously expected. In his first public comments since he and his colleagues cut interest rates earlier this week, Kashkari noted that it…

  • Stocks Rise as Traders Mull Trump Victory, Fed: Markets Wrap

    (Bloomberg) — Asian stocks rose along with European and U.S. stock futures, as investors brace for a second Donald Trump presidency and an expected interest rate cut from the Federal Reserve. Most read from Bloomberg Chinese stocks were among the best performing stocks in Asia thanks to optimism that Beijing…

  • Asian shares retreat after Trump’s victory as focus turns to the Fed

    Stocks in Asia fell early Thursday after US stocks rose to record levels as investors bet on what The return of Donald Trump To the White House would mean for the economy and the world. Markets are also turning their attention to the Federal Reserve’s interest rate decision, scheduled for…

  • Stocks might ‘go nowhere’ for the rest of this year amid Fed uncertainty and US debt concerns, market vet says

    Bloomberg Creative/Getty, Drew Angerer/Getty, Tyler Lu/PI Ed Yardeni says the S&P 500 may remain flat for the rest of the year. The market expert believes there will be no further Fed rate cuts until 2025 as the economy remains strong. He added that US government debt will also continue to…

  • Fed and Peers Will Go Ahead With Rate Cuts After This Week’s US Election

    Breadcrumb Trail Links PMN Business The Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a US presidential election that may not be decided yet. Author of the article: Bloomberg News Molly Smith and Craig Stirling Published Nov 02,…

  • Bonds Are Selling Off Everywhere as Traders Rethink Fed Pathway

    (Bloomberg) — Bonds are falling around the world as investors weigh the possibility of slower U.S. interest rate cuts, a trend that threatens to upend debt conditions everywhere. Most read from Bloomberg Treasuries extended sharp losses on Monday, with the 10-year yield rising back above 4.20% for the first time…

  • Aggressive Fed easing more like a Christmas wish list rather than the most likely outcome

    Deutsche Bank has a research note showing that easing expectations for the Fed remains too aggressive. About 200 basis points of cuts are priced in, including the 50 basis points we’ve already seen. If the economy is in good shape, a large easing cycle will almost certainly lead to increased…

  • Fed’s Waller. Fed should proceed with more caution on rate cuts than was needed at Sept

    The Fed should proceed with more caution on interest rate cuts than was called for at its September meeting My baseline calls for a gradual rate cut over the next year The policy rate is currently restricted. If the economy continues as expected, policy can be moved to a neutral…

  • Dollar remains supported ahead of Fed speakers; euro awaits ECB decision By Investing.com

    Investing.com – The US dollar rose on Monday, holding on to recent gains as traders digested more stimulus announcements from China ahead of comments from a number of Federal Reserve officials. At 04:00 EST (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…

  • Fed’s Bowman does not comment on Fed policy or the economy at speaking engagement

    High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…

  • TGI … more Fed speakers again today! Logan, Bowman, Goolsbee all on the agenda

    I posted earlier: Logan and Bowman are prime candidates to drop the “pause” comments (IMO). None of the topics in any of these speeches seem to lead to observations about economics or politics. Maybe in any question and answer. 1345 GMT/0945 EST: Chicago Fed President Austin Goolsbee delivers opening remarks…

  • TGI … more Fed speakers again today! Logan, Bowman, Goolsbee all on the agenda

    I posted earlier: Logan and Bowman are prime candidates to drop the “pause” comments (IMO). None of the topics in any of these speeches seem to lead to observations about economics or politics. Maybe in any question and answer. 1345 GMT/0945 EST: Chicago Fed President Austin Goolsbee delivers opening remarks…

  • Trump’s desire to trash the US dollar could be blocked by the Fed & China

    High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…

  • Implied odds of a Fed pause in November rise to 22% after Bostic. Euro hits two-month low

    The US dollar jumped after Atlanta Fed President Rafael Bostic signaled he was open to a pause in November if data supports it. “I’m completely comfortable skipping a meeting if the data suggests that’s appropriate,” he told The New York Times. Wall Street Journal. With this, the implied odds of…

  • Dollar hits 10-week high vs yen as Fed easing bets ebb ahead of CPI By Reuters

    Written by Kevin Buckland TOKYO (Reuters) – The U.S. dollar rose to a 10-week high against the yen on Thursday as markets grew more confident about the Federal Reserve’s patient approach to further monetary easing, even as a key inflation report was due later. today. The index, which measures the…

  • The Dow spikes more than 400 points as Fed minutes and an inflation report come into focus

    The Dow Jones index jumped more than 400 points on Wednesday after Release of Fed meeting minutes on September 17 and 18 Show how officials agreed to cut the interest rate by half a point. Although divided on the economic outlook and uncertain about how aggressive it will be, the…

  • US stock gains after Fed minutes By Investing.com

    Investing.com – US stocks rose on Wednesday, as investors continued to digest clues about interest rates from the Federal Reserve. At 3:24 PM EST (19:24 GMT), the stock was up 409 points, or 1%, gained 0.6%, and added 0.5%. Fed meeting minutes show a majority of members support the deep…