Econ #s Archives - Page 13 of 61

3 minute read

Federal Reserve Takes Cautious Stand On Inflation, Powell Signals Preference For Rate Cuts Over Hikes

May 2, 9:45 AM

Federal Reserve Chairman Jerome Powell's remarks hint at a more patient and cautious approach to monetary policy, suggesting interest rates may hold steady longer than anticipated

SPY

3 minute read

Powell Keeps Hawks At Bay, Says Interest Rate Hike ‘Unlikely’: Stocks, Gold Rally, While Treasury Yields, Dollar Tumble

By Piero Cingari

May 1, 3:51 PM

Fed Chair Powell reassures markets, says rate hikes unlikely and inflation will move lower. Slower balance sheet runoff to mitigate market stresses.

QQQ

1 minute read

Fed Keeps Interest Rates Steady, Announces Slower-Than-Expected Pace Of Balance Sheet Runoff

By Piero Cingari

May 1, 2:22 PM

Federal Reserve keeps interest rates unchanged to maintain sustainable growth and control inflation, plans to gradually reduce balance sheet

UUP

2 minute read

US Stocks Mixed Ahead Of Fed Meeting, Chipmakers Tumble After AMD Earnings, Bitcoin Sinks: What’s Driving Markets Wednesday?

By Piero Cingari

May 1, 1:07 PM

Traders are treading cautiously in Wednesday’s session, seeking more clarity on the Federal Reserve’s stance with inflation reports exceeding expectations.

ALB

2 minute read

Manufacturing Activity Gauge Contracts Again In April: Commodity Costs Hit Producers

By Piero Cingari

May 1, 10:47 AM

The ISM Manufacturing PMI declined from 50.3% to 49.2%, marking a decrease of 1.1 percentage points decline and missing expectations of 50%.

SPY

2 minute read

Private Employment Increases By 192,000, Beats Forecasts: ‘Hiring Was Broad-Based In April’

By Piero Cingari

May 1, 8:23 AM

The rate of job creation in U.S. private sector businesses surpassed predictions in April, indicating continued strength in…

UUP

2 minute read

April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market

By Piero Cingari

April 30, 4:38 PM

Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline.

AAUKF

2 minute read

Stocks Dive On Fears Of Hawkish Fed; Treasury Yields Rise, Bitcoin Tumbles To $60,000: What’s Driving Markets Tuesday?

By Piero Cingari

April 30, 1:35 PM

Investor apprehension grips Wall Street with major indices showing midday losses on Tuesday in New York trading, ahead of the Federal Reserve’s potentially hawkish pivot in Wednesday’s meeting.

ACGL