Federal Reserve Archives - Page 2 of 180

2 minute read

Goldman Sachs Reaffirms September Rate Cut Forecast, Downplays Fed’s ‘Hawkish Surprise’

June 13, 12:26 PM

Goldman Sachs reiterates forecast for 2 interest rate cuts in 2024, starting in Sept. Fed's June meeting showed progress on inflation, may lead to Sept. cut.

TLT

2 minute read

Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday’s Economic Digest

By Piero Cingari

June 13, 8:43 AM

May producer inflation report shows less than expected rise, boosting optimism for sustained decrease in price pressures, while jobless claims rise.

QQQ

3 minute read

Wall Street Poised To Extend Record Run On Tech Strength, Tesla Soars, GameStop Rebounds: Analyst Says ‘Bull Market Has Legs Left’

By Shanthi Rexaline

June 13, 7:45 AM

Futures trading suggests a mixed start on Thursday, with tech stocks potentially helping to weather profit-taking-induced weakness. Broadcom Inc.

ADBE

2 minute read

Fed Holds Rates Steady: Projections Show Fewer Rate Cuts, Higher Inflation Outlook

By Piero Cingari

June 12, 2:14 PM

The Federal Reserve kept interest rates unchanged for the 7th consecutive meeting, but forecasts suggest fewer rate cuts and slightly higher inflation.

QQQ

2 minute read

Bulls Push Wall Street To Record Highs On Declining Inflation; Tech, Real Estate, Small Caps Surge Ahead Of Fed Meeting: What’s Driving Markets Wednesday?

By Piero Cingari

June 12, 1:26 PM

A lower-than-expected inflation report for May ignited a bullish frenzy on Wall Street, with investors increasing their bets on rate cuts, bolstered by growing confidence that the Federal Reserve will ease its policy stance later this year as price pressures trend

$DOGE

4 minute read

How May’s Inflation Slowdown Could Influence Fed’s Next Move: Insights From 6 Economists

By Piero Cingari

June 12, 11:24 AM

Inflation data showed a bigger slowdown than expected, easing concerns about high interest rates before the June FOMC meeting.

SPY

2 minute read

EXCLUSIVE: Federal Reserve To Hold Interest Rates Steady Wednesday? Here’s How Investors Are Bracing For The Results

By Chris Katje

June 12, 10:22 AM

Benzinga readers shared how they think the stock market will react if the Federal Reserve leaves interest rates unchanged Wednesday.

SPY

2 minute read

Soft Inflation Data Boosts Small Caps, Real Estate, Regional Banks; Traders Anticipate Fed Rate Cuts As Stocks React

By Piero Cingari

June 12, 10:09 AM

U.S. inflation slowed in May, boosting rate cut prospects. Markets rally ahead of FOMC meeting and assign 70% chance of rate cut in September.

ARRY

3 minute read

Wall Street On Pins And Needles As Market Braces For Fed’s Decision: Analyst Says Size And Speed Of Rate Cuts Will ‘Frustrate Investors’

By Shanthi Rexaline

June 12, 7:26 AM

The market appears poised for further gains on Wednesday, building on the strength of the S&P 500 and Nasdaq Composite, which hit record highs in the previous session.

AAPL

2 minute read

Stocks Ease Ahead Of Wednesday’s Key Events, Apple Jumps To Record Highs, Bitcoin Tumbles To $66,500: What’s Driving Markets Tuesday?

By Piero Cingari

June 11, 1:35 PM

Wall Street traded slightly in the red on Tuesday morning as markets took a cautious stance ahead of the inflation report and the Federal Open Market Committee (FOMC) meeting on Wednesday.

AAPL