The Latest Breaking News from Atlanta Fed

Atlanta Fed President Raphael Bostic said waiting to cut rates is risky.

The dollar index (DXY00 ) today is up by +0.47% on stronger-than-expected US economic reports that were hawkish for Fed policy and that drove the 10-year T-note yield sharply higher by +10 bp. Today’s economic reports helped reduce expectations for a 50 bp rate cut by the Fed at the...

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +1.68%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.50%. US stocks settled moderately higher on Tuesday, with the S&P 500 and Nasdaq 100...

The dollar index (DXY00 ) Tuesday fell by -0.55% and posted a 1-week low. The dollar moved lower Tuesday after T-note yields declined on the weaker-than-expected US July PPI report, which bolstered the chances for a Fed rate cut at the September FOMC meeting. Tuesday’s rally in stocks also reduced...

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.19%. Stock indexes recovered from early losses on Thursday and settled slightly higher. Stocks found...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.10%. Stock indexes today recovered from early losses and are mixed after weaker-than-expected US economic...

The dollar index (DXY00 ) Thursday fell back from a 2-week high and finished down -0.37%. Thursday’s dovish US economic reports knocked T-note yields lower and weighed on the dollar. The dollar remained lower Thursday on dovish comments from Atlanta Fed President Bostic and New York Fed President Williams. US...

The dollar index (DXY00 ) today fell back from a 2-week high and is down -0.33%. Today’s dovish US economic reports knocked T-note yields lower and are weighing on the dollar. Also, dovish comments Wednesday evening from Atlanta Fed President Bostic undercut the dollar when he said he’s looking for...

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. US stock indexes closed moderately higher on Tuesday as they consolidated just below last...

The dollar index (DXY00 ) Tuesday rose by +0.09%. The dollar Tuesday finished slightly higher on comments from Fed Governor Waller and Atlanta Fed President Bostic, who said they favor waiting for inflation to decline before cutting interest rates. Gains in the dollar were contained on Tuesday due to lower...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.09%. US stock indexes today are mixed. Stocks are wavering today based on comments from...