interest rate

The Federal Reserve-induced rally appears set to continue, with the stock futures firmly in the green early Thursday. The small-cap party may have started following the group’s relative underperformance for much of the year. Traders may look ahead to the economic report on jobless claims and...

Stocks remain in rally mode, with early Wednesday futures indicating a modestly higher opening. The Federal Reserve’s rate decision day is here, creating a fidgety mood until the post-meeting policy statement is released. While the market anticipates rate cuts in early 2024, doubts persist...

The Federal Reserve‘s policy-setting arm, the Federal Open Market Committee, kicks off a two-day meeting on Tuesday, with the futures market pricing in another pause decision. Tesla investor and CEO of Gerber Kawasaki Wealth and Investment Management, Ross Gerber,...

U.S. stocks seem poised to kick off the new week with a subdued tone, riding the coattails of recent gains and influenced by two significant Main Street catalysts: the Federal Reserve’s rate-setting meeting and the November inflation report. The prevailing sentiment is cautious,...

Ahead of next week’s Federal Reserve’s monetary policy meeting, former Treasury Secretary Larry Summers sounded a note of caution to central bank officials. What Happened: “The Fed is in broadly the right place of watchful waiting,” said Summers in a Bloomberg interview on...

U.S. stocks are priming for a cautious start in the first trading session of December following Thursday’s mixed close. December, typically a seasonally strong month, could be cautiously approached by traders as the major averages have all advanced strongly this year despite the economic...

Stocks appear on track to open Thursday’s session on a firm note. However, the trading direction will likely hinge on the personal consumption expenditure index, which is deemed the Fed’s preferred inflation gauge. With the OPEC+ set to announce its decision on oil output, oil and...

As financial institutions continue to raise their certificate of deposit (CD) rates, American savers find themselves presented with increasingly attractive opportunities to grow their money. These developments have been spurred by multiple Federal Reserve rate increases since March 2022, which have...

After stocks scraped through on Wednesday, the market mood has lifted from a general increase in risk appetite. With volatility plunging, all risky bets, such as equities and cryptocurrencies, are rising higher. Crude oil prices rose solidly, and the bond yields moved lower as traders continued to...

Small-cap stocks have underperformed their mid- and large-cap counterparts in the broader market recovery seen since late October. Underwhelming Show: The S&P 600 and the Russell 2,000 Indices, which comprise small-cap stocks, are barely in the green even as the major averages are solidly...

The U.S. Consumer Price Index (CPI) inflation is set to drop from an annual 3.7% rate in September to a 3.3% rate in October, marking the first drop since June 2023, according to the median economist consensus. The eagerly awaited U.S. CPI report for October is set to be released by the Bureau of...

Richmond Federal Reserve President Thomas Barkin has outlined a strategy that involves slowing down the economy as the winning recipe to decisively win the ongoing battle against inflation. These insights took center stage during a recent conference call hosted by Market News International (MNI)...

The beginning of the week brought mixed performance for stocks on Wall Street, with the major indices trading close to the flatline during midday trading in New York following strong performance in the previous week. The S&P 500 index is in the midst of its fifth consecutive day of gains, while...

Hedge funds have been on the wrong side of the Treasury market, at least lately. According to Bloomberg, they extended their short positions on Treasuries to a record high just before smaller-than-expected U.S. bond sales and disappointing job data ignited a bond market rally. U.S. long-dated...

Gold bull and economist Peter Schiff on Friday warned that a renewed spurt in inflation could be in the cards. What Happened: The main reason why the annual rate of inflation slowed from 9% to 3% was the huge rally in the U.S. dollar, Schiff said. “Now that the dollar is poised to surrender...