The Latest Breaking News from San Francisco Fed

September S&P 500 futures (ESU23) are trending down -0.04% this morning after three major U.S. benchmark indices finished the regular session slightly higher as market participants digested milder-than-feared U.S. consumer inflation report while also bracing for crucial U.S. PPI data.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.73%. Stock indexes Thursday added to Wednesday’s gains, with the...

The dollar index (DXY00 ) on Wednesday fell by -0.69%. The dollar was under pressure Wednesday from lower T-note yield and an easing of inflation pressures that may prompt the Fed to end its rate-hike campaign. Also, dovish Fed comments Wednesday from San Francisco Fed President Daly and Richmond Fed...

Slower growth prospects, and hints of a Fed 'pivot' on interest rate hikes, has bond yields moving sharply lower and stocks ending higher Monday.

Stocks futures slip, dollar steadies after China market slump; Week Ahead: big tech earnings, GDP, inflation data in focus; Fed begins 'pivot' messaging; traders pare bets on big rate hikes; Boris Johnson exits race for UK Prime Minister, pound jumps and Tesla shares slide after surprise China EV price cut.

San Francisco Fed President Mary Daly suggested a 50 basis-point rate increase isn’t locked in at the U.S. central bank’s next policy meeting, saying the Federal Reserve is “far from done yet” in bringing down inflation.