Interest Rates

Editor’s note: This story has been updated to remove a sentence that was erroneously included. The November Consumer Price Index, released at 8:30 a.m. ET Wednesday, could deliver the final piece of the puzzle for the Federal Reserve’s much-anticipated Dec. 18 meeting. Markets are...

The S&P 500 and the Nasdaq 100 are set to log their third consecutive week of gains. The Nasdaq 100, in particular, is tracking its strongest weekly performance in a month, underscoring investor enthusiasm for tech stocks and the growing likelihood of lower interest rates. Meanwhile, the Dow...

Traders are laser-focused on November's jobs data, slated for release this Friday, as one of the last pivotal data points — along with next week's inflation report — that could shape the Federal Reserve’s decision on a potential rate cut at its Dec. 18 meeting. With market odds sitting at...

An interest rate cut at the upcoming Federal Reserve’s Dec. 18 meeting remains far from being a done deal, as St. Louis Fed President Alberto Musalem's latest remarks suggest policymakers may face a heated debate in the weeks ahead. Speaking at an economic symposium hosted by Bloomberg in...

Federal Reserve Governor Adriana Kugler said on Tuesday that inflation “appears to be on a sustainable path” but indicated that challenges still persist, adding that monetary “policy is not on a preset course.” Speaking at the Detroit Economic Club, Kugler described recent...

Bank of America analysts shared a positive outlook for stocks in 2025 during Monday’s conference call on the economic and market forecast. According to the bank, the S&P 500 Index—as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY)—will climb to 6,666 by the end of 2025, marking a 10...

The U.S. dollar is poised to end an eight-week winning streak with its worst weekly drop since mid-August, as resilient European currencies and a surging Japanese yen pull the greenback lower. A currency-weighted gauge of the dollar, tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP...

A widely expected increase in the October Personal Consumption Expenditures (PCE) price index — commonly regarded as the Federal Reserve's preferred inflation gauge — triggered fresh losses for the U.S. dollar, while Treasury yields and U.S. stocks also slid in tandem. By 11:10 a.m. ET in New York...

An inflation gauge that’s closely watched by the Federal Reserve rose as anticipated in October, while personal income and spending data continues to reveal a resilient U.S. consumer. Earlier on Wednesday, the second estimate of the third-quarter economic growth was 2.8%, in line with the...

Federal Reserve policymakers unanimously decided to reduce interest rates by 25 basis points to a range of 4.5%-4.75% during their November meeting, as they expressed confidence that inflation was moving sustainably toward their 2% target, according to meeting minutes released Wednesday....

American consumers are feeling better about the economy than they have in years, as the latest data Tuesday from The Conference Board shows. The Consumer Confidence Index rose from 111.3 in October to 111.7 in November, reaching its highest level in nearly two years, aided by an improving labor...

Federal Reserve Governor Michelle W. Bowman cautioned on Wednesday that inflation remains a significant concern and suggested that interest rates may already be closer to a “neutral” level than policymakers currently realize. Speaking at the Forum Club of the Palm Beaches in West Palm...

Inflation is expected to surge back to 3% should the incoming Republican administration proceed with a potential universal tariff on imports, Goldman Sachs economist David Mericle said in a Sunday note. The sweeping trade measure, floated by President-elect Donald Trump, could complicate the...

Goldman Sachs Research predicts a strong year for global economic growth in 2025, forecasting a 2.7% increase in global GDP on an annual average basis, just above the consensus. The US is expected to lead the way, with GDP growth of 2.5%, significantly surpassing the consensus of 1.9%, Goldman...

Wall Street experienced a sharp reality check this week as the post-election rally following Donald Trump‘s victory unraveled. Major indices fell in unison as investors reassessed the economic outlook in light of potential policy shifts. Republicans secured a majority in the House of...