Fed Pivot Or Pushback? Markets Poised For Tense Policy Finale To 2023
A Fed "pivot" will likely give the green light for the stock rally to continue, while a 'pushback' could help the dollar.
Fed’s 2023 Policy Twists: The Turning Points And Markets Reactions
Fed response to slowing inflation has driven a strong equity rally but further gains will depend on whether the Fed pushes back against rate cut expectations.
S&P 500, Nasdaq Set For Modestly Higher Open As All Eyes Turn To Fed’s Decision
Stocks remain in rally mode, with early Wednesday futures indicating a modestly higher opening. The Federal Reserve’s rate decision day is here, creating a fidgety mood until the post-meeting policy statement is released.
Federal Reserve’s Final 2023 Meeting: FOMC’s Economic Projections Crucial, Dot Plot Weeds Out Hawks, Doves
Fed expected to announce interest rate decision this Wed. Markets expect rates to settle 5.25-5.50%. FOMC will release economic projections, dot plot, & revisiting Sept. projections. Sept. projections showed 2.5% PCE inflation in 2024, 1.5% economic expansion in 2024.
Economists React To November CPI: What Lies Beneath the Surface For the Fed?
The latest Consumer Price Index (CPI) report revealed headline inflation easing slightly, core prices holding steady, and no major surprises to influence Fed decisions.
Nasdaq, S&P 500 Futures Rise Ahead Of Inflation Data: Analyst Sees Smooth Finish To 2024 If Week’s Key Events Align With Expectations
Corporate updates for the day have largely been negative, potentially triggering a sell-off in the respective sectors.
Tesla Investor Ross Gerber Feels The Fed Is ‘Killing Innovation In America,’ Calls For 100 Basis-Point Rate Cut In H1 Next Year
As the Fed prepares to meet once last time this year to decide on rates, fund manager Ross Gerber has a word of caution for it.
5 ETFs To Watch When November Inflation Data Drops Tuesday
Economists predict a marginal decrease in the annual CPI inflation rate from October's 3.2% to 3.1%. Core CPI rate is expected to hold steady at 4%. Sector-specific ETFs experienced notable changes with TAN, KRE, XLRE, ARKK and GDX leading the pack.
US Stocks Show Timid Gains, While Tech Titans, Bitcoin Slip Ahead Of This Week’s Crucial Events: What’s Driving Markets Monday?
Wall Street is showing cautious gains as the new week begins, despite thetech giants often referred to as the “Magnificent 7” all trading in the red: Apple Inc. (NASDAQ:AAPL), Microsoft Corp.