Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on … [+] Capitol Hill in Washington, Tuesday, March 7, 2023. (AP Photo/Andrew Harnik) Copyright 2023 Th...
Tag: Fed meeting
Fed Wants ‘Substantially’ Lower Inflation Before Easing Interest Rates—And Some Officials Backed More Aggressive Hikes
Topline With inflation continuing to run hotter than expected, the Federal Reserve is showing no signs of backing down on its aggressive monetary policy, according to notes from the Fed’s policy...
When Does The Fed Announce Rate Hikes? Here’s What Investors Can Expect From The December Meeting
| Getty Images Key Takeaways The Federal Open Market Committee meets eight times per year to help manage the economy. At its most recent meeting, the FOMC raised rates by 0.5%. The prevailing opinion ...
Is Inflation Slowing Down? Investors Are Always Look To Get Ahead Of The Fed Meeting
| Are investors jumping the gun on the Fed? Getty Images Key Takeaways The recent inflation data indicates that prices aren’t rising as quickly as they were, but they are still rising. Despite numerou...
Dow Jumps 400 Points After Fed Hikes Rates By 75 Basis Points
Topline The stock market jumped on Wednesday after the Federal Reserve raised interest rates by 75 basis points for the second consecutive month in a row, with Fed Chair Jerome Powell hinting that the...
Here Are The Dates For The Remaining 2022 Fed Rate Decisions, And What The Market Expects From Them
Jerome Powell, chairman of the US Federal Reserve, listens during a House Financial Services … [+] Committee hearing in Washington, D.C., U.S., on Thursday, June 23, 2022. Powell gave his most e...
Stocks Rally Ahead Of Fed Decision, Microsoft And Alphabet Rise After Earnings
Topline The stock market moved slightly higher on Wednesday morning thanks to a boost from Big Tech stocks like Microsoft and Alphabet, which both rallied despite missing earnings estimates, while inv...
S&P 500 Falls Over 1% After Walmart’s Profit Warning, Consumer Confidence Tumbles
Topline The stock market fell on Tuesday, with retail stocks leading declines after Walmart slashed its profit outlook for the rest of the year and warned that high inflation is having an impact on co...
With A Week Until Next Fed Meeting, 75bps Hike Expected
Markets expect the Fed to hike 75bps next week, with some chance of a 100bps move. (Photo by SAUL … [+] LOEB / AFP) (Photo credit should read SAUL LOEB/AFP via Getty Images) AFP via Getty Images...
Powell Says Fed Will Continue Hiking Rates Until There Is ‘Compelling Evidence’ That Inflation Is Slowing
Topline Federal Reserve Chairman Jerome Powell pledged in testimony before Congress on Wednesday that the central bank is “moving expeditiously” to raise interest rates and remains “strongly committed...
‘Market Jitters’ Have S&P 500 Flirting With Correction Territory, Dow Falls 300 Points
Topline Stocks plunged on Tuesday amid surging market volatility—a day after the three major indexes mounted an historic comeback from steep losses—as investors remain nervous about surging rates and ...