Federal Reserve To Implement Quiet QE And Rate Cuts Federal Reserve's monetary policy decisions, Quiet QE strategy, and high-yield corporate bonds present income opportunities for investors. Top News · Aug 21, 2024
Stocks Mixed As Traders Pause Fed-fuelled Rally With few sparks to drive buying, markets took their cue from Wall Street, where the main indexes slipped after an eight-day advance, with focus on a speech Friday by central bank boss Jerome Powell at the Jackson Hole symposium in Wyoming. Latin Times · Aug 21, 2024
Famed economist Ed Yardeni predicts it'll be 'one and done' for Fed rate cuts despite Wall Street expectations Yardeni is unconvinced the data is cool enough to push Chair Powell and his colleagues to multiple cuts: "It'll be dovish but not as dovish as the market is discounting." Fortune · Aug 21, 2024
Asian Shares Decline Following Wall Street Slip Asian shares decline, Japan reports trade deficit, focus on Powell's speech, and U.S. economy faces pressure from high interest rates. Top News · Aug 21, 2024
Stock Market Today: Stocks Snap Lengthy Win Streak The recent stock market rally ran out of steam Tuesday as sentiment turns cautious ahead of Jackson Hole. Kiplinger · Aug 20, 2024
Trump Backs Off Push For Direct Control Over Fed Rate Decisions Trump stated that while he believes the president should be able to voice opinions on interest rates, he does not expect to dictate monetary policy. "It doesn't mean they have to listen, but I think it's fine for a president to talk," Trump said. International Business Times · Aug 20, 2024
Fed Poised To Cut Interest Rates Amid Job Market Concerns Federal Reserve prepares for interest rate cuts amid slowing job market and nearing inflation target. Top News · Aug 20, 2024
Stock Index Futures Tread Water as Investors Brace for Fed Minutes and Powell’s Speech September S&P 500 E-Mini futures (ESU24) are up +0.01%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.09% this morning as market participants geared up for the release of the minutes of the Federal Reserve’s latest meeting and comments from Fed Chair Jerome Powell later in the week. Barchart · Aug 20, 2024
Stock Index Futures Tick Higher on Fed Rate Cut Bets, Powell Speech Awaited September S&P 500 E-Mini futures (ESU24) are up +0.10%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.17% this morning after a strong session on Wall Street amid expectations that the Federal Reserve will soon signal readiness to begin cutting interest rates. Barchart · Aug 20, 2024
Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation The Independent UK · Aug 20, 2024
Company insolvencies in England and Wales higher in past year than during financial crisis; gold hits record highs – as it happened Company failures dip in July, but over the last 12 months are higher than in 2008-09 The Guardian - UK · Aug 20, 2024
Asian Markets Fluctuate Ahead Of Key Earnings And Powell Asian investors trod carefully Tuesday after the latest bounce in optimism fuelled by hopes Federal Reserve boss Jerome Powell will signal an interest rate cut in a highly anticipated speech to top central bankers this week. International Business Times · Aug 20, 2024
Stock Market Today: S&P 500 Extends Longest Win Streak Since November The Nasdaq also extended its stretch of consecutive gains to eight as Advanced Micro Devices popped on M&A news. Kiplinger · Aug 19, 2024
Fed Chair Powell’s Jackson Hole speech just got a lot less predictable The economic data is difficult to parse, and that means Powell’s speech has become correspondingly more difficult to foretell. Fortune · Aug 19, 2024
The Guardian - UK · Aug 19, 2024 Federal Reserve ‘poised to begin cutting rates as early as September’ Bank officials signal readiness to start interest rate-cutting cycle to ease pressure on households and businesses
Latin Times · Aug 19, 2024 Markets Mixed As Traders Prepare For Powell Speech Investors appear to have gotten over the turmoil that beset trading floors this month as a string of data suggested that worries of a US recession had been overdone.
Barchart · Aug 19, 2024 Stocks Set for Muted Open as Investors Await FOMC Minutes and Powell’s Jackson Hole Speech September S&P 500 E-Mini futures (ESU24) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.21% this morning as investors looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting, Fed Chair Jerome Powell’s speech at Jackson Hole, and earnings reports from…
International Business Times · Aug 19, 2024 US Dollar Drops Amid Expectations Of Dovish Fed Release The release of the Fed minutes on Wednesday and Chair Jerome Powell's speech on Friday are expected to be key in influencing markets throughout the week.
The Independent UK · Aug 19, 2024 Asian stocks are mixed after Wall Street's best week of the year Asian stocks are mixed as investors ponder the upcoming meeting of the Federal Reserve, while Wall Street coasted to the close of its best week since November with a slight uptick in U.S. stocks Friday
International Business Times · Aug 19, 2024 Asian Markets Get Week Off To Largely Positive Start Asian markets mostly rose Monday following last week's strong performance, with traders focused on a closely followed meeting of central bank chiefs where the Federal Reserve's Jerome Powell is due to deliver a key speech.
The Guardian - UK · Aug 18, 2024 High stakes at Jackson Hole symposium as Powell surveys US’s rocky prospects Presidential candidates, bankers and economists will all be keen to hear what the Fed chair foresees for interest rates
The Guardian - US · Aug 14, 2024 US inflation dipped in July as Federal Reserve expected to cut interest rates Prices rose at an annual rate of 2.9% in July, as inflation dipped below 3% for the first time since 2021
The Independent UK · Aug 14, 2024 Inflation likely stayed low last month as Federal Reserve edges closer to cutting rates If the Federal Reserve needs any further evidence that the worst price spike in four decades is steadily easing, it’s likely to come Wednesday, when the government is expected to report that inflation cooled further last month
Fortune · Aug 12, 2024 JD Vance backs Trump's call for more political influence over the Fed Ohioan senator JD Vance, argues monetary policy—which includes interest rates—should "fundamentally be a political decision."
International Business Times · Aug 12, 2024 Bank Of America CEO Warns Of Consumer Discontent If Fed Delays Rate Cuts Moynihan said a reduction could be necessary as early as September if inflation continues to ease.