The Latest Breaking News from Raphael Bostic

The dollar index (DXY00 ) today fell from a 1-week high and is down by -0.12%. The dollar is under pressure on the outlook for easier Fed policy, with the FOMC expected to cut interest rates by another 50 bp this year. The dollar found support today on hawkish comments...

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the economy as they prepare for an annual conference in Jackson, Wyoming, next week and a crucial policy meeting in September

September S&P 500 E-Mini futures (ESU25) are down -0.21%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.29% this morning, taking a breather after a recent rally, as investors monitor progress on U.S. trade talks and wrangling in Washington over President Donald Trump’s tax-and-spending bill.

Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.

Markets weigh encouraging trends for earnings and tariffs against concerning signals from U.S. consumers.

The size and scope of the tariffs caught the Fed and businesses off guard, Bostic said.

June S&P 500 E-Mini futures (ESM25) are down -1.22%, and June Nasdaq 100 E-Mini futures (NQM25) are down -1.59% this morning as sentiment took a hit after rating agency Moody’s downgraded the United States’ credit rating.

June S&P 500 E-Mini futures (ESM25) are down -0.11%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.19% this morning, pointing to a slightly lower open on Wall Street after yesterday’s rally, while investors await a raft of U.S. economic data as well as remarks from Federal Reserve officials.

June S&P 500 E-Mini futures (ESM25) are down -0.18%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.29% this morning, pointing to a slightly lower open on Wall Street after yesterday’s rally, while investors await a raft of U.S. economic data as well as remarks from Federal Reserve officials.