Federal Reserve Archives - Page 29 of 180

2 minute read

Stocks Ease Despite Benign Inflation Data, Bitcoin Stages Comeback: What’s Driving Markets Friday?

January 26, 2:18 PM

Stocks mixed in New York, with investors assessing mild inflation report and strong personal spending figures. Short-term Treasury yields rise, tech stocks lag, and Bitcoin surges 4.9%. Intel stock falls 12% despite positive earnings, while semiconductors sell off.

AMD

3 minute read

‘Cuts Are Coming’: 7 Economists On December Inflation Data, What It Means For The Fed, Markets

By Piero Cingari

January 26, 12:00 PM

PCE inflation held at 2.6% in Dec, below forecast. Core inflation at 2.9%, suggests potential rate cuts.

QQQ

2 minute read

Fed’s Favorite Inflation Measure Holds At Nearly 3-Year Lows, Bolstering Market Rate Cut Bets

By Piero Cingari

January 26, 9:40 AM

Inflation data released Friday matches economist estimates and could cement the chances of Fed interest rate cuts in 2024.

QQQ

3 minute read

Nasdaq Futures Slip Ahead Of Key Inflation Data As Tech Setbacks Sap Sentiment, But Analyst Believes Recession Fears Are Fading

By Shanthi Rexaline

January 26, 8:40 AM

However, bond market activity suggests traders are beginning to factor in the possibility of rate cuts throughout the year.

AXP

3 minute read

ECB’s Lagarde Rejects Recession Label For Europe, Recalls Yellen’s ‘Forget It’ Remark

By Piero Cingari

January 25, 5:58 PM

ECB President Christine Lagarde challenges the traditional recession definition, focusing on robust labor markets despite potential negative growth in the Euro Area.

FXE

2 minute read

Champagne On Hold: Why The Fed’s Preferred Inflation Gauge Report Friday Is Key To Wall Street’s Victory Lap

By Piero Cingari

January 25, 5:55 PM

Set for release at 8:30 a.m. ET Friday, the Bureau of Economic Analysis will unveil the Personal Consumption Expenditure (PCE) price index report for December. This index is also referred as the Federal Reserve's favorite inflation gauge, heavily influencing their monetary policy decisions in the coming months.

QQQ

3 minute read

‘Meaningfully Stronger’ US Economy Dismantles Slowdown Fears, Boasts 3.3% Growth In Q4 2023

By Piero Cingari

January 25, 12:29 PM

The US economy grew by 3.3% in Q4 of 2023, surpassing expectations by a significant margin. Economists predict continued growth in 2024, led by consumer spending and a strong labor market.

SPY

3 minute read

Treasury Glut: Can Investor Demand For US Bonds Keep Pace With Supply Increases?

By Neil Dennis

January 25, 10:09 AM

The U.S. Treasury is expected to confirm further increases in government bond supply in its first quarterly refunding announcement of 2024.

GOVT

3 minute read

Nasdaq, S&P 500 Futures Unfazed By Tesla Disappointment As Focus Shifts To Q4 GDP, Earnings: Analyst Sees Hope In This Bullish Indicator

By Shanthi Rexaline

January 25, 8:35 AM

Economists, on average, expect annualized quarter-over-quarter growth of 2%, slower than the third quarter's 4.9% growth.

AAL

2 minute read

Stock Market Extends Record Highs, S&P 500 Hits 4,900 On Tech Rally, Microsoft’s $3 Trillion Mark: What’s Driving Markets Wednesday?

By Piero Cingari

January 24, 3:38 PM

It’s a bullish day on Wall Street, with major U.S. large-cap indices reaching record highs, driven by broad-based rallies in tech-related stocks as investors continue to embrace the AI trade.

AAPL