FOMC Minutes Could Provide Markets With A Sobering Reminder Of ‘Higher For Longer’
Slowing inflation data may have led markets to expect too much from the Fed. Tuesday's minutes could bring them back to Earth
Large-Cap Stocks Pause, Small Caps Shine, Oil Makes Comeback: What’s Driving Markets Friday?
Wall Street experienced a relatively quiet session as the week came to a close, with the three major averages hovering around parity in midday trading in New York, yet still on course for their third successive week of gains.
Oil Market Reset: Crude Now In ‘Contango,’ All Eyes Shift To OPEC, Analysts Flag 2024 Rally
Explore the latest dynamics in the oil market: a significant rise in crude oil prices ahead of an upcoming crucial OPEC meeting.
Producer Prices Deflate, Retail Sales Contract: October Economic Data Paints Bleak Picture
Economic landscape shifting following summer rebound: PPI fell by 0.5%, retail sales contracted, CPI data lower-than-expected. Market expecting 4 rate reductions next year starting in May. Dollar up, equities/yields higher.
US Inflation Eases More Than Expected In October, Cements Expectations For End Of Interest Rate Hikes
US inflation rate in Oct 2023 decelerated to 3.2% YOY, below economist expectations.
Powell Closes The F—— Door On Early Rate Cut Hopes: Stocks, Bonds Tumble While Dollar Rallies
Fed Chair Jerome Powell said at an IMF conference that inflation remains above target, and there is a need for continued efforts to bring it back to target.
Analysis: Autoworkers Are A Missing Piece In The October Jobs Report. Here’s Why That Matters.
While the markets are focussing on the October jobs report missing expectations, here's a missing piece that may prove them wrong.
Much-Needed Cooling Off Or Risk-On Rally Ahead? Yields Tumble, Bonds Gain After October Jobs Report
October Jobs at 150K missed expectations, sending yields tumbling and Treasury ETFs gaining. Here's what economists had to say.
No Rate Hike: Fed Maintains Interest Rates At 5.25%-5.5%, Keeps Future Options Open
The Fed left rates unchanged Wednesday and reaffirmed its strong commitment to achieving its 2% inflation target.
Benign Inflation Today Keeps Fed Rate Hike At Bay: Economists Expect Powell To Hold Steady After Latest Data, Markets Find Relief
U.S. stocks were rebounding Friday following the release of personal consumption expenditures inflation data for September, and economists are leaning toward a Fed hold next week.