Federal Reserve Archives - Page 93 of 180

2 minute read

The SPY Drops As Traders Price In Possible 8th Consecutive Rate Hike: The Bull, Bear Cases As Volatility Picks Up

May 12, 1:22 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) was volatile Friday, gapping up to start the trading session before ran into sellers who caused the market ETF to drop half a percentage point intraday after data released from the University of Michigan showed inflation

SPY

2 minute read

Debt-Limit Standoff: 3 Favorite Hedges For Bond Investors Seeking Shelter From Crisis

By Piero Cingari

May 12, 12:56 PM

The latest FX & Rates Survey from Bank of America reveals that bond investors are hunting for long-dated Treasuries, put options on the stock market, and long positions in the Japanese Yen (JPY) versus high-beta currencies to shield themselves from the dangers connected with the

FXY

2 minute read

‘Fed Governor Philip Jefferson Named As New Vice Chair To Succeed Lael Brainard’ – CNBC

By Happy Mohamed

May 12, 11:21 AM

https://www.cnbc.com/2023/05/12/fed-governor-philip-jefferson-named-as-new-vice-chair-to-succeed-lael-brainard.html President Joe Biden said Friday he will nominate Philip Jefferson to serve as the central

SPY

2 minute read

University Of Michigan Consumer Sentiment Plummets In May, Inflation Expectations Stay Elevated

By Piero Cingari

May 12, 10:39 AM

The preliminary estimates for the University of Michigan consumer sentiment index as high interest rates and persistent price pressures wreak havoc on U.S. consumer morale.

SPY

2 minute read

Debt Ceiling Standoff Ending Will Likely Push Fed To Restart QE, BofA Analyst Says

By Piero Cingari

May 12, 9:28 AM

If the debt ceiling dispute triggers an abrupt risk-off in financial markets, the Federal Reserve will then resume quantitative easing, as the Bank of England did in September, said Bank of America chief investment strategist Michael Hartnett in a recent report.&

SPY

3 minute read

US Stock Futures Signal Strong Finish To Wobbly Week — But Analyst Still Sees Recession Risk On Horizon

By Shanthi Rexaline

May 12, 7:16 AM

Stocks are poised to open Friday’s session on a positive note, as the major indices strive to break…

AMLX

2 minute read

University of Michigan’s May Consumer Sentiment Forecast: Inflation Concerns Threaten Market Sectors

By Piero Cingari

May 11, 5:02 PM

On Friday, May 12, at 10 a.m.

XLC

2 minute read

3 Alarming Charts: US Yield Curve Mirrors 2008 Subprime Crisis As Default, Recession Worries Mount

By Piero Cingari

May 11, 11:41 AM

The U.S.

BIL

1 minute read

Unemployment Claims Rise, Highest Since October 2021: Signs Of Cracks In The Job Market

By Piero Cingari

May 11, 10:04 AM

The number of Americans registering for unemployment benefits in the week ending May 6 rose by 22,000 to 264,000, above the expected 242,000, the U.S. Labor Department reported Thursday.

SPY

2 minute read

US Producer Prices Rise Less Than Expected In April, Cementing Hopes Of Fed Hold In June

By Piero Cingari

May 11, 8:50 AM

The Producer Price Index (PPI) for final demand rose 0.2% month-over-month in April, rebounding after the revised 0.4% drop in March but coming in below the expected 0.3% increase, the U.S. Bureau of Labor Statistics reported Thursday.

SPY