The Fed May Hesitate to Proceed with Rate Cuts This Year, But Will This Definitely Be Bad for The Market?
The minutes of the Federal Open Market Committee's meeting revealed that Fed officials were uncertain about the appropriate timing for monetary easing. Goldman Sachs CEO David Solomon has also indicated his anticipation that there could be no rate cuts this year. However, technology advancement and the inventory cycle shows high interest rates doesn't necessarily hit the market.
Federal Reserve Meeting Minutes: It may take longer to cut interest rates. Many officials intend to raise interest rates once the risk of inflation is rekindled
Federal Reserve policymakers believe that it will take more time than previously anticipated to be more confident that the inflation target will be met.
Stocks Fall After Fed Minutes, Nvidia Posts Another Beat | Wall Street Today
U.S. stocks ended lower on Wednesday as the latest Fed minutes suggested no rush rate cuts this year, with Nvidia giving bullish sales forecast after market.
The Market's Fear Gauge Is Signaling Trouble. What to Expect
By Steven M. Sears Investors are likely to soon learn a harsh lesson about the Cboe Volatility Index, or VIX -- especially those who get excited by milestones like the Dow Jones Industrial Average cr
Stocks Hit Record Highs as Fed’s Waller Says Rate Cuts Possible at Year's End | Wall Street Today
Stocks rose on Tuesday, with the S&P 500 and Nasdaq Composite reaching fresh record highs.
S&P 500, Nasdaq Hit New Records Ahead of Nvidia's Earnings Wednesday | Wall Street Today
The Nasdaq Composite and the S&P 500 closed up at record highs on Monday ahead of Nvidia earnings, the last of the "Magnificent Seven" companies to report earnings.
FRB Vice Chairman Barr is in a good position to stabilize interest rates and keep an eye on the evolution of the situation
FRB Vice Chairman Barr's statement (in charge of bank supervision) was conveyed, and he said, “It's a good position to stabilize interest rates and keep an eye on changes in the situation.” He also said, “We are considering restrictions on assets that banks can hold as buffers.”
US Atlanta Area Federal Reserve Governor This year's data suggests a gradual slowdown in inflation
US Atlanta Area Federal Reserve President Bostic This year's data suggests a gradual slowdown in inflation. The economy is slowing down, but it is slowing very slowly. Inflation is expected to continue to slow this year and next.
Stock Market Rally For 2024 Has Peaked, Goldman Sachs Forecasts 'Flat Return From Now Till The End Of The Year'
The stock market rally for 2024 has reached its peak, according to Goldman Sachs. The firm's chief U.S. equity strategist, David Kostin, has predicted a flat return for the S&P 500 for the remainder o
Here's the Breakdown for April CPI, in One Chart
Annual CPI in the US eased to 3.4% in April 2024 from 3.5% in March, in line with market forecasts. Core inflation slowed to 3.6% annually, be the lowest reading since April 2021, down from 3.8% in both March and February.
April CPI Preview: Fed Is Likely to Remain Hawkish Despite Possible Core Inflation Alleviation
The upcoming inflation report likely won't bolster policymakers' confidence to cut rates very soon. Still, the inflation picture for April will be marginally better — or at least, no worse — than in March.
Led by Apple and Meta, the repurchase amount of S&P constituent stocks in the first quarter exceeded 180 billion US dollars, an increase of 16%
Goldman Sachs expects that the repurchase scale of S&P 500 shares will reach US$925 billion this year and further expand to US$1.075 trillion in 2025, with annual growth rates of 13% and 16%, respectively.
Wall Street's Zero-Day Options Frenzy Continues: Is It a Ticking Time Bomb?
As Wall Street's infatuation with rapid-fire stock options approaches its two-year mark, a Bloomberg Markets Live Pulse survey indicates the trend's momentum may not be waning, even though concerns of an eventual market crash loom among industry participants.
Seth Harris on April Jobs Report Preview
Seth Harris, Burnes Center for Social Change Senior Fellow at Northeastern University, discusses the current status of the economy and the labor market ahead of the April Jobs report. Harris talks about the latest inflation numbers and states these numbers have halted the Federal Reserve from cutting interests rates. He also shares his insight on unions and if he sees unions going on strikes this summer in the same scale they did last year. Seth Harris speaks with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."
April Nonfarm Payrolls Preview: Latest Employment Data Unlikely to Change Fed's More Hawkish Stance
After a solid job report in March, the April figures are likely to suggest once more that the labor market is still tight.
Chair Powell Remains Very Dovish, Dudley Says
Former New York Fed President and Bloomberg Opinion columnist Bill Dudley says US Federal Reserve Chair Jerome Powell's game plan is unchanged and he remains dovish. He speaks on "The Fed Decides."
Option Traders Predict Chunky Market Move on Fed Day
Investors are betting the stock market could see one of the biggest Fed-day moves in nearly a year.
Is Federal Reserve Chairman Powell “relieved” by declining expectations of interest rate cuts = Bankame
Bank of America (Bankame) economists have stated that the main message of the Federal Reserve (Fed) shown after the announcement of the US Federal Open Market Committee (FOMC) results on the 1st will be “policies require more time, the next move is most likely to cut interest rates, and the committee will maintain a wait-and-see attitude until the Fed has a clearer perception of inflation.”
[Last minute summary] Dollar appreciation and stock depreciation due to falling FOMC interest rate cut expectations
The results of the US Federal Open Market Committee (FOMC) will be announced at 3:00 a.m. this evening, and Federal Reserve Chairman Powell will hold a press conference from 3:30 a.m.
The haze of inflation looms over! Labor costs in the US accelerated in the first quarter, the biggest increase in a year
The labor cost index favored by the Federal Reserve has heated up more than expected, indicating that the popularity of the US job market is unabated, and expectations of interest rate cuts will further subside.