The Latest Breaking News from Neel Kashkari

Top Fed official calls for further interest rate cuts, focus on labor market

Minnesota Fed president Neel Kashkari says policy “remains tight” and further rate cuts would depend on the state of the labor market.

Fortune · Sep 23, 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

Stock Index Futures Plunge as Bond Yields Climb on Rate Fears, U.S. Inflation Data Awaited

June S&P 500 E-Mini futures (ESM24) are down -0.53%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.58% this morning as U.S. Treasury yields continued to rise following weak debt auctions, resilient consumer confidence data, and hawkish comments from a Federal Reserve official, while investors braced for key U.S.…

Barchart · May 29, 2024

Stock Index Futures Plunge as Bond Yields Climb, U.S. Inflation Data Awaited

June S&P 500 E-Mini futures (ESM24) are down -0.58%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.65% this morning as U.S. Treasury yields continued to rise following weak debt auctions and hawkish comments from a Federal Reserve official, while investors braced for key U.S. inflation data later this…

Barchart · May 29, 2024

Asian Markets Retreat On US Rate Concerns, Oil Rallies After Attack

Most equities fell Wednesday on lingering worries about the outlook for US interest rates, while oil prices extended their rally after an attack on a ship in the Red Sea stoked fresh worries about supplies from the Middle East.

International Business Times · May 29, 2024

Fed official says the U.S. has the 'luxury' to play the waiting game with inflation thanks to the strong labor market

The strong labor market is buying the Fed time to decide how many times it will cut rates—if at all.

Fortune · May 28, 2024

Stocks Rise Before the Open as Investors Await U.S. Economic Data and Fed Speak, Walmart Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.08%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.17% this morning as investors looked ahead to a new round of U.S. economic data, remarks from Fed officials, and an earnings report from retail giant Walmart.

Barchart · May 16, 2024

S&P Futures Tick Lower as Investors Await Earnings Reports and Fed Speak

June S&P 500 E-Mini futures (ESM24) are trending down -0.11% this morning as market participants geared up for the next round of quarterly results and awaited more comments from Federal Reserve officials.

Barchart · May 8, 2024

S&P Futures Tread Water as Investors Await Earnings Reports and Fed Speak

June S&P 500 E-Mini futures (ESM24) are trending down -0.01% this morning as market participants geared up for the next round of quarterly results and awaited more comments from Federal Reserve officials.

Barchart · May 8, 2024