Fed Watch: FOMC Officials Reiterate Patience, Data Dependence, Before Cutting Rates

Fed Governor Adriana Kugler (voter) said that it is possible that the FOMC could cut rates later in 2024 but said that currently inflation is too high and that further evidence that the recent improve

MT Newswires14:32 ET

Fed's Kugler Sees Rate Cut This Year and Says Economy Is 'Moving in Right Direction'

Federal Reserve Gov. Adriana Kugler on Tuesday said "it will likely become appropriate" to cut U.S. interest rates later this year if the economy continues to slow and inflation wanes as she expects.

MarketWatch13:09 ET

Fed's Kugler Offers Four Reasons for Hope on Inflation -- WSJ

By Nick Timiraos Federal Reserve governor Adriana Kugler said she continued to anticipate it would be appropriate for the central bank to lower interest rates this year. Kugler offered four reasons

WSJ13:07 ET

Fed's Collins Says Process of Lowering Inflation May Take Longer Than Expected

While recent inflation data has been "encouraging," the process of lowering inflation may take longer than expected, Boston Federal Reserve Bank President Susan Collins said Tuesday at the 2024 Annual

MT Newswires12:09 ET

Nvidia executives cashed out more than $700 million! But unable to resist the long bull market of the most important stock on Earth.

Nvidia executives have reduced their shareholding by as much as USD 700 million since the beginning of this year, with more than one-third of the internal sales occurring after Nvidia's unparalleled performance announcement in May.

Zhitong FinanceJun 18 10:55 ET

S&P 500 and Nasdaq Composite Push Deeper Into Record Territory

Stocks rose slightly Tuesday morning.

Jerry KronenbergJun 18 10:30 ET