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Fed Cuts Interest Rates To Lowest Since February 2023, Sticks To Data-Driven Path (CORRECTED)
Thursday, November 7, 2024 - 3:28pm | 413Read More...Editor’s note: This story has been updated to clarify the exact words from the September Fed statement that were in omitted in November: “The Committee has gained greater confidence that inflation is moving sustainably toward 2 percent.” The Federal Reserve lowered interest rates...
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Why Trump's Boost To Treasury Yields, Inflation Expectations May Weaken Fed's Efforts To Cut Interest Rates
Thursday, November 7, 2024 - 12:26pm | 970Read More...Rising U.S. Treasury yields and a strengthening in the value of the dollar in the wake of Donald Trump's return to the White House are threatening to counteract the Federal Reserve's efforts to lower interest rates. The Federal Reserve is expected to cut its benchmark interest rate by 25 basis...
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US Treasuries Take Sharpest Plunge In A Year Ahead Of Fed Meeting: Could Powell Adjust Stance In Response To Trump?
Wednesday, November 6, 2024 - 4:17pm | 845Read More...Longer-dated U.S. Treasury bonds, tracked by the popular iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), saw their steepest decline in over a year on Wednesday, plummeting more than 2.6%, as investors offloaded fixed-income assets amid rising expectations of wider budget deficits and higher...
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Trump's Historic Return: 7 Ways His Second Term Could Impact The US Economy
Wednesday, November 6, 2024 - 9:08am | 1932Read More...Donald Trump has won in the 2024 U.S. presidential election, making him the 47th president and the first to secure a non-consecutive second term since Grover Cleveland in the late 1800s. The Republican Party also regained control of the Senate and holds a lead in the House of Representatives, with...
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Market Volatility Soars Ahead Of Elections, Tech Earnings Mixed, Strikes And Hurricanes Knock Employment Down: This Week In The Markets
Friday, November 1, 2024 - 4:50pm | 671Read More...The U.S. stock market experienced a setback at the end of October, breaking a five-month winning streak as election uncertainties and mixed tech earnings dampened risk sentiment. A key measure of market turbulence, the CBOE Volatility Index, or VIX, surged by 34% last month, marking the third-...
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Shock October Jobs Report Leaves Fed In 'Tight Spot': Experts Say Interest Rate Cuts Ahead
Friday, November 1, 2024 - 12:01pm | 581Read More...The October employment report released Friday morning showed the U.S. economy added only 12,000 jobs in October, well-below estimates of 113,000 and the lowest monthly pace since December 2020. Economists are weighing in on the impact of the hurricanes on the report and the potential for future...
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Stocks Rebound After Selloff As October Hiring Slump Fuels Interest Rate Cut Bets: 10 ETFs To Watch Friday
Friday, November 1, 2024 - 10:17am | 723Read More...A hiring freeze in October lifted market expectations for a Federal Reserve interest rate cuts, providing relief to U.S. stocks after Thursday's decline. The U.S. economy added only 12,000 jobs in October, 211,000 fewer than in September. This marked the lowest monthly pace since December 2020 and...
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Fed Interest Rate Cuts Expected, But Economists Warn Of 'Bumpy Course In This Last Mile' To Curb Inflation
Thursday, October 31, 2024 - 12:02pm | 680Read More...A 0.25% interest rate cut at the Federal Reserve’s Nov. 7 meeting, just two days after the U.S. presidential election, is almost fully priced in by markets, with another similar cut likely in December as cooling inflation allows the Fed to gradually ease its policy stance. The latest...
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Fed's Favorite Inflation Metric Accelerates In September, Personal Income Rises More Than Expected (UPDATED)
Thursday, October 31, 2024 - 9:04am | 479Read More...Editor’s note: This story has been updated with additional details. Traders faced an unwelcome Halloween threat on Thursday as the Federal Reserve’s favored inflation measure accelerated, raising some concerns on the likelihood of back-to-back interest rate cuts going into the final...
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Fed's Favorite Inflation Gauge Expected To Fall In September: How Will Markets React?
Wednesday, October 30, 2024 - 4:37pm | 608Read More...The Federal Reserve's preferred inflation measure, the Personal Consumption Expenditure (PCE) price index, is set to be released on Thursday at 8:30 a.m. ET. Investors and policymakers alike are hoping the data will reaffirm the current disinflationary trend, which could solidify expectations for...
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US GDP Rises 2.8% In Q3, But Can The Momentum Last? What 6 Top Economists Are Saying
Wednesday, October 30, 2024 - 1:03pm | 661Read More...The U.S. economy grew at a robust 2.8% in the third quarter, but beneath the strong headline number, economists see diverging forces at play. While the gross domestic product (GDP) growth rate marked a slight slowdown from the 3% pace recorded in the second quarter and came in also below the...
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US Consumer Confidence Rises Strongly In October: Stock Market Sentiment Hits New Highs
Tuesday, October 29, 2024 - 4:46pm | 769Read More...Consumer confidence in the U.S. economy soared in October, marking the strongest month-over-month increase since March 2021, according to the Conference Board’s latest report. The Consumer Confidence Index jumped to 108.7, up significantly from 99.2 in September and well above economist...
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6 Economic Frights That Could Haunt Markets This Halloween: 'A Tipping Point For Risk Appetite,' Analysts Warn
Tuesday, October 29, 2024 - 9:16am | 1000Read More...As Halloween approaches, LPL Financial warns of six major risks that could spook markets and drive volatility higher in the coming months. In a note shared with clients on Monday, LPL's analysts—including chief equity strategist Jeffrey Buchbinder, chief economist Jeffrey Roach, chief global...
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November Interest Rate Cut Almost A Done Deal As Blackout Begins: 10 Stocks Surging The Most Since Fed's Last Decision
Saturday, October 26, 2024 - 8:00am | 939Read More...Market participants are almost fully pricing in a rate cut at the Federal Reserve’s Nov. 7 meeting as policymakers enter their customary pre-meeting blackout period, where officials abstain from public commentary leading up to the policy decision. Investors have further bolstered their rate-...
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JPMorgan Vs. Global X: Which High-Yield Dividend ETF Is The Better Pick As Fed Cuts Interest Rates?
Thursday, October 24, 2024 - 8:34am | 471Read More...With the Federal Reserve easing interest rates, high-yield dividend ETFs are back in the spotlight. As bonds become less attractive, income-focused investors are looking at equity funds for better returns. Two popular options, JPMorgan Equity Premium Income ETF (NYSE:JEPI) and Global X...
















