(Bloomberg) — European stocks and US equity futures were steady as investors awaited the release of policy minutes from the Federal Reserve’s latest meeting for insights on the path of rate hike...
Tag: Fed
Dow ends nearly 400 points higher as investors await Fed minutes
U.S. stocks ended higher Tuesday as traders gauged the impact of fresh COVID-19 restrictions in China and awaited Wednesday’s minutes from the most recent Federal Reserve meeting. How are stocks are t...
Fed Minutes Set to Show Breadth of Support for Higher Peak Rate
(Bloomberg) — The Federal Reserve is set to show how united policymakers were at their meeting this month over a higher peak for interest rates than previously signaled as they calibrate their f...
What’s The Outlook For The Housing Market?
(Photo by David McNew/Getty Images) Getty Images Key Takeaways Housing sales have fallen for the ninth consecutive month, with transactions down 28.4% compared to this time last year. Average prices h...
Now Could Be The Best Time To Retire On Monthly Dividends
Happy senior couple during the meeting with agent or financial consultant, signing some agreement in … [+] the comfortable office Getty Despite all the doom and gloom out there, there has never ...
Fed Hawkishness Peaks as Rising Debt Payments Erode Savings
(Bloomberg) — Tighter Federal Reserve policy is raising households’ interest-rate burden, leading to a rapid decline in excess savings and underscoring the likelihood hawkishness has peaked. Mos...
Fed bank president calls crypto nonsense
Neel Kashkari, President of the Reserve Bank of Minneapolis, has said that the “entire notion of crypto is nonsense”. As crypto continues to be dragged down by the undertows of the FTX collapse, just ...
Dow Jones Drops Ahead Of Fed Minutes; Tesla Stock Dives To New Low
Dow Jones futures were higher ahead of Tuesday’s open after the Dow Jones Industrial Average ended with modest losses Monday. Tesla stock dived, hitting a 52-week low and nearing a two-year low....
New York Fed Announced Its NYIC Will Participate in PoC Project
Early in November 2022, New York Fed officially shared the report on the NYIC’s inaugural research project titled “Project Cedar.” This project will represent the first phase of NYIC’s research on a C...
Is Comerica stock insulated against a Fed pivot?
Comerica Incorporated (NYSE: CMA) ended in the green on Monday after a Raymond James analyst said the regional lender looks well-positioned for a recession. Comerica stock has upside to $85 a share Mi...
Fed May Lift Interest Rates to 8%-9%, Economist Says
The big question raging through financial markets is how much more the Federal Reserve will raise interest rates. Since it began its rate-hike campaign in March, the Fed has lifted the federal funds r...
Goldman Warns ‘Bear Market Isn’t Over’—Here’s What Experts Predict For Stocks Next Year
Topline As stocks struggle to add to a stunning year-end rally, a slew of analysts are warning the bear market that started in June has room to run as looming corporate earnings in the coming quarters...
Are The Tech Layoffs The Start Of A White Collar Recession?
(Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways There have been a huge number of layoffs across the tech sector so far this year, with some analysts suggesting it could be the begin...
Stocks Set for Mixed Open Amid Focus on Fed, China: Markets Wrap
(Bloomberg) — Asian stocks were poised for a mixed open Monday after small gains on Wall Street Friday as investors continue to focus on the outlook for interest rates. Most Read from Bloomberg ...
Fed President Says Entire Notion of Crypto Is Nonsense Following the Controversial Implosion of FTX
The President of the Federal Reserve Bank of Minneapolis says that the whole notion of digital assets can be discarded following the collapse of prominent crypto exchange platform FTX. Fed President N...
Fed Tightening Is Having More Impact Than You Might Think
We’ve learned a lot about the transmission of disease in the past few years. Ideas, good and bad, are spread similarly. Robert Shiller, the Yale University Nobel laureate, wrote in Irrational Exuberan...
2-year Treasury yield reaches one-week high as traders assess likelihood of more Fed rate hikes
Treasury yields jumped on Friday, sending the 2-year rate to a one-week high, after Boston Fed President Susan Collins put another aggressive 75-basis-point rate hike on the table for December’s polic...
New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’ – Bitcoin News
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlem...
This 13.4% Dividend Is The Best Deal In Tech Now
Businessman trading online stock market on teblet screen, digital investment concept getty Savvy contrarians know that when markets crash, the most beaten-up sectors are often the ones that lead the (...
Home prices could plunge 20% amid risks of ‘severe’ correction, Dallas Fed says
U.S. home prices could tumble as much as 20% as the highest mortgage rates in two decades threaten to trigger a “severe” price correction, according to research from the Federal Reserve Ba...
Wall Street Economists Split on Whether Fed Cuts Rates in 2023
(Bloomberg) — Wall Street’s biggest banks agree the Federal Reserve will hike US interest rates further into next year, but are at odds over how high it will take them and whether it will be cut...
Fed must keep raising rates until it is certain inflation has stopped climbing, Kashkari says
The Federal Reserve needs to keep raising interest rates until it is sure inflation has hit a ceiling, said Minneapolis Fed President Neel Kashkari on Thursday. The central bank can’t be overly persua...
Did Bullard undershoot? Stifel economists say fed funds rate may need to go to 8% or even 9%.
A day after a Federal Reserve official’s market-moving admission that interest rates may need to go to as high as 7%, analysts came up with an even more surprising conclusion: that 7% still won’t be h...
Fed paper looks at theoretical role of remuneration, convenience in CBDC design
The importance of remuneration in the design of a central bank digital currency (CBDC) was emphasized in a paper released by the United States Federal Reserve Board on Nov. 17. The paper, part of the ...
Yield Curve Inversion Deepens, Increasing Likelihood Of 2023 Recession
The yield curve is now deeply inverted, a historically reliable recession signal (Photo by Bryan R. … [+] Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images) AFP via Getty Images The yie...
History says inflation could persist for a decade
If you are a retiree, or even near to retirement, you are probably more vulnerable to inflation than most. Your cost of living is probably rising faster than your income. You’re lucky if any pension o...
Fed report examines CBDC compensation and convenience
The Federal Reserve Board of the United States, in a report that was made public on November 17th, stressed the significance of compensation in relation to the development of a digital currency issued...
Opinion: Opinion: What Bullard got wrong about a 7% fed funds (and why he said it anyway)
An influential Federal Reserve official briefly spooked the stock SPX, -0.31% and bond TMUBMUSD10Y, 3.769% markets on Thursday by warning that the central bank may have to raise interest rates much fu...
New York Fed Bringing CBDC Pilot; MasterCard and Citigroup to Join
The Federal Reserve Bank of New York is up to start a digital dollar system’s pilot program. Meanwhile, prominent financial service companies including Citigroup, MasterCard and several others reporte...
Warren Buffett’s right-hand man Charlie Munger continues to celebrate crypto’s demise and cites the famous analogy of the Fed, the party, and the punch bowl
Warren Buffett’s right-hand man and Berkshire Hathaway’s vice chairman Charlie Munger has been a vocal critic of cryptocurrencies, previously likening them to “venereal disease” and saying that anyone...
Stocks rise against backdrop of Fed comments, China COVID surge
U.S. stocks moved sharply higher Tuesday, with gains accelerating into the final hour of trading after a mostly uneventful pre-Thanksgiving session. The S&P 500 (^GSPC) and technology-heavy Nasdaq...