The Latest Breaking News from Powell

Federal Reserve chair Jay Powell is likely celebrating this holiday season.

Phil Salt scored a century but it was Harry Brook’s power play in the final over that snatched victory

If you were to ask Chairman Powell if there is a “dovish tilt” by the Fed who would say emphatically no. That is because they are open to raising rates again if needed. However there is ample reason for investors to call his bluff given numerous facts in hand that…

In a tale of economic suspense, the Fed's maestro Powell keeps us guessing; yet to reveal the finale of the balance sheet wind-down symphony.

U.S. equity and government bond markets soared Wednesday on signs the Federal Reserve has pivoted from raising interest rates to cutting rates. The S&P 500 ($SPX ) (SPY ) and Nasdaq 100 ($IUXX ) (QQQ ) rallied to 23-month highs today, and the Dow Jones Industrials ($DOWI ) (DIA )...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.27%. Stocks rallied Wednesday, with the S&P 500 and Nasdaq...

The dollar index (DXY00 ) on Wednesday tumbled by -1.04% and posted a 1-1/2 week low. The dollar sank Wednesday after the FOMC left the fed funds target rate unchanged for the third consecutive meeting and forecasted 75 bp of interest rate cuts for next year. A plunge in Treasury...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stocks this morning are mixed, with the S&P 500...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.17%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.29%. Stock index futures this morning are moderately higher as bond yields fell after U.S. Nov producer prices rose less than expected. The markets now await the conclusion...

The Federal Open Market Committee (FOMC) begins its 2-day policy meeting today, and the markets will be looking for signs of whether the Fed thinks it will be able to begin cutting interest rates next year. With inflation falling significantly from a 42-year high last year, rate reductions in 2024...

There is no denying the bull run for stocks since the last Fed meeting on 11/1. In fact, the S&P 500 (SPY) finally broke above the July highs to peak levels for the year above 4,600. The main thing for investors to contemplate is whether the 12/13 Fed announcement will…